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1122 Morgan Street Unit A-E, Fayetteville, NC 28305

$650,000

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List Price: $650,000
MLS#: 764100
Status: PENDING
County: Cumberland
City: Fayetteville
Subdivision: Haymount
Property Subtype: Apartment

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Property Description

Fully renovated 6-unit multifamily in Haymount — one of Fayetteville's most sought-after neighborhoods. The work is done. Units feature white shaker cabinets, stainless appliances, updated bath surrounds, new LVP flooring, and ceiling fans. New windows in most units. Solid brick construction, individual unit entrances, and off-street parking. New HVAC, New Roof. Zero deferred maintenance. PLEASE DO NOT DISTURB TENANTS. NO SHOWINGS UNTIL CONTRACT Currently generating $4750/month gross with 5 of 6 units occupied at $950/month. Stabilized at full occupancy: $68,400/year gross. Rents have upside — 2BR units in this corridor support $1,000–$1,100+/month. Fort Bragg proximity drives consistent year-round demand. Ideal for the 1031 exchange buyer or seasoned portfolio investor. Turn-key, income-producing, and priced to move. Agent has interest in property

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Additional Information

Days on Market: 51
Year Built: 1971
Cooling: Central Air
Heating: Heat Pump
Elementary School: Vanstory Hills Elementary (3-5)
Middle School: Max Abbott Middle School
High School: Terry Sanford Senior High