3516 Torbay Drive, Fayetteville, NC 28311

$179,999
3
BD
2
BA
1,226
SqFt

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List Price
$179,999
MLS#
771638
Status
ACTIVE
County
Cumberland
City
Fayetteville
Bedrooms
3
Bathrooms
2
Half-baths
1
Living Area
1,226
Property Subtype
Single Family Residence

Property Description

GREAT INVESTMENT OPPORTUNITY WITH AN ASSUMABLE VA LOAN AT 5.625%! Whether you're an investor looking to expand your portfolio or a future homeowner searching for a place to call home, this Fayetteville property offers an exciting opportunity! Currently tenant-occupied with a long-term lease in place through March 2027, this home provides an established rental income opportunity for investors seeking immediate cash flow. Enjoy the advantage of an existing tenant without the initial challenges of marketing and leasing a vacant property. Step inside and discover a functional, inviting floor plan complemented by recently upgraded flooring, adding a fresh, modern touch to the home's interior. Located in an established neighborhood, this property offers convenient access to shopping, dining, Fort Bragg, and other Fayetteville amenities. For qualified buyers, the assumable VA loan with a 5.625% interest rate presents an additional financing opportunity, subject to lender and VA approval. Investors can appreciate the existing rental arrangement, while prospective homeowners can explore the potential to make this property their own following the existing lease and applicable occupancy requirements. INVEST NOW, PLAN FOR THE FUTURE, OR EXPLORE THE POSSIBILITIES OF HOMEOWNERSHIP! Opportunities offering an existing tenant, updated flooring, and potential assumable financing deserve a closer look. Tenant occupied. Strict 24-hour advance notice required for all showings. Schedule your showing today!

Additional Information

Days on Market
0
Year Built
1982
Style
One Story
Stories
1
Cooling
Central Air
Heating
Forced Air
Exterior Features
Patio
Middle School
Nick Jeralds Middle School
High School
E. E. Smith High

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Listing courtesy of LPT REALTY LLC.