1001-1003-1005 W Orange Street, Fayetteville, NC 28301

$549,000

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List Price: $549,000
MLS#: 764580
Status: ACTIVE
County: Cumberland
City: Fayetteville
Subdivision: Ramsey St
Property Subtype: Apartment

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Property Description

EXCELLENT OPPORTUNITY TO ACQUIRE A TURNKEY 6 PLEX. WELL LOCATED JUST OFF HWY 401, MLK FREEWAY AND ONE EXIT FROM HISTORIC DOWNTOWN FAYETTEVILLE, SEGRA STADIUM MUSEUMS, RESTAURANTS AND ATTRACTIONS. ENJOY 100% OCCUPANCY AND NO DEFERED MAINTENANCE DUE TO RECENT TOTAL RENOVATION TO INCLUDE: -NEW ROOF -REPLACMENT WINDOWS -EXTERIOR PAINT -MINI SPLITS -CABINETRY/COUNTER TOPS -FLOORING, LIGHTING AND MUCH MORE PRESENT GROSS INCOME: $70,752 NET OPERATING INCOME: $52,260 OFFERING A STRONG 9.5 CAP RATE IDEAL 1031 EXCHANGE PROPERTY WITH GOOD FINANCIALS AND MANAGEMENT. NO SHOWINGS UNLESS IN CONTRACT NON CSS LISTING-CONTACT LIST AGENT DIRECT

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