100 & 102 Twin Acres Drive, Fayetteville, NC 28303

Fayetteville
Local realty services provided by:ERA Live Moore
100 & 102 Twin Acres Drive,Fayetteville, NC 28303
$585,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: vance townsend
Office: townsend real estate
MLS#:LP764835
Source:RD

Price summary

  • Price:$585,000

About this home

Rare opportunity to acquire a fully occupied, income-producing 5-unit portfolio in Fayetteville, NC — offered at a 6.59% cap rate with $38,542 in annual net operating income. The offering includes a quadplex at 100 Twin Acres Drive and a detached one-bedroom cottage at 102 Twin Acres Drive, conveying together on one transaction. All five units are leased with leases in place through 2027, providing immediate cash flow for the incoming owner.The quadplex (100 Twin Acres Dr, built 1962) features four apartments totaling 4,624 square feet across a mix of one- and two-bedroom floor plans. The detached cottage (102 Twin Acres Dr, built 1950) is a charming one-bedroom, one-bathroom residence totaling 706 square feet. Combined gross monthly rent is $5,552 ($66,624 annually).The owner has invested substantially in both properties in recent years. Notable improvements include: complete gut renovation of the cottage (2025) with new mini-split HVAC, LVT flooring, oak kitchen cabinets, new...

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Home facts

  • Year built:1950
  • Listing ID #:LP764835
  • Added:1 day(s) ago
  • Updated:June 26, 2026 at 09:09 PM

Structure and exterior

  • Year built:1950

Finances and disclosures

  • Price:$585,000
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