5022 Clyde Street, Fayetteville, NC 28303

Property Description

6.9 Acre Multifamily development opportunity - selling via online auction. List price is opening bid. Zoned multifamily with wooded, undeveloped acreage. Strong potential for investors and builders looking to create long-term cash flow. Concept plan supports approximately 26 dwellings (triplex-style) totaling 78 units. Projected rents around $525 per unit (~$40,950/month potential gross), for illustration purposes only. Selling "AS IS" at online auction by All the Way Auctions and Properties NCFL #10719. Register to bid here: https://bid.allthewayauctions.com/ui/auctions/159003 Bidding starts at $100k and will open March 22, 2026 and will START TO END April 29, 2026. Highest and Best bidder will sign a purchase agreement within 24 hours of auction ending and will close within 40 days. Please contact Tony Smith at All the Way Auctions 706-718-0071, tony@allthewayauctions.com with questions. Buyer to verify Development Ordinance and any applicable covenants or by-laws for development. NO UPSET PERIOD.