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$349,999
-- Bed
- -- Bath
--sqft
5801-5807 Aftonshire Dr, Fayetteville, NC 28304
$349,999
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Quadruplex
Built in 1985
$-- HOA
-- sqft lot
--/sqft
Description
5801–5807 Aftonshire Drive offers a well-positioned quadraplex consisting of four 1-bedroom, 1-bathroom units, each featuring a private rear deck. The property is currently 75% occupied and generating $2,240 in gross monthly income, with rents below market, providing immediate upside.Conveniently located just off Raeford Road, this property offers quick access throughout Fayetteville, making it attractive to tenants and investors alike. With projected rents of $950 per unit, and assuming 20% down, an 18% expense ratio (vacancy, capex, property management), plus monthly HOA fees, the projected net cash flow is approximately $619 per month, or $7,430.88 annually, representi...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1985
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Doorify MLS
MLS Number
755397
MLS Status
Active
Days on Market
25
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