157 Old Shaw Road, Fayetteville, NC 28303
Local realty services provided by:ERA Strother Real Estate
157 Old Shaw Road,Fayetteville, NC 28303
$999,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kendra lancaster
Office: townsend commercial
MLS#:LP765763
Source:RD
Price summary
- Price:$999,000
About this home
157 Old Shaw Rd presents an excellent multifamily investment opportunity featuring a 10-unit apartment complex with strong in-place occupancy and consistent rental income. The property offers investors immediate cash flow with an average monthly rent of $871.06 per unit, providing both stable income and future upside potential through continued rental growth and operational efficiencies.The property has recently undergone extensive, high-value capital improvements designed to maximize efficiency, protect your margins, and attract premium tenants. Key modernizations include a comprehensive full plumbing overhaul and major electrical upgrades—complete with dedicated, newly added breaker boxes for every apartment. Inside the units, tenants enjoy an elevated living experience with brand-new kitchens and bathrooms, featuring all-new cabinetry, brand-new refrigerators, and modern stoves.This asset is well-positioned for investors seeking a professionally maintained multifamily property in a growing rental market. The unit mix and steady tenant demand make this an attractive addition to any investment portfolio, whether for a seasoned operator or first-time multifamily investor.The property represents a successful, completed value-add project. Since acquisition, ownership has implemented a comprehensive operational turnaround, rectifying previous management inefficiencies and optimizing the tenant base. The current list price reflects the property’s successful transition from an under-performing asset to a fully stabilized, high-yield investment.Financial information, including income and expense figures, has been provided by the property owner. Buyers are encouraged to conduct their own independent due diligence and verification of all financials and property information.Contact listing agent for additional details, rent roll, and financial package....
Contact an agent
Home facts
- Listing ID #:LP765763
- Added:1 day(s) ago
- Updated:July 12, 2026 at 04:12 PM
Heating and cooling
- Heating:Baseboard Heat, Electric
Finances and disclosures
- Price:$999,000
New listings near 157 Old Shaw Road
- New
$230,000Active3 beds 3 baths2,157 sq. ft.3528 Barron Way, Fayetteville, NC 28311
MLS# LP765616Listed by: THE ENTENTE REAL ESTATE GROUP - New
$290,000Active3 beds 3 baths2,050 sq. ft.4182 Owls Head Road, Fayetteville, NC 28306
MLS# LP765813Listed by: KELLER WILLIAMS REALTY (FAYETTEVILLE) - New
$399,900Active4 beds 4 baths2,625 sq. ft.2624 Franciscan Drive, Fayetteville, NC 28306
MLS# 765530Listed by: COLDWELL BANKER ADVANTAGE - FAYETTEVILLE - New
$12,000Active0.09 Acres0 Davis Street, Fayetteville, NC 28305
MLS# 10179641Listed by: PROMISED LAND REALTY - New
$260,000Active4 beds 3 baths1,781 sq. ft.3308 Guilford Place, Fayetteville, NC 28303
MLS# LP765807Listed by: BLUE HOME REALTY - New
$209,900Active3 beds 2 baths1,332 sq. ft.Address Withheld By Seller, Fayetteville, NC 28314
MLS# 764080Listed by: HOMEMATCH LLC - New
$365,000Active3 beds 3 baths2,478 sq. ft.2724 Plum Ridge Road, Fayetteville, NC 28306
MLS# 765773Listed by: COLDWELL BANKER ADVANTAGE - FAYETTEVILLE - New
$149,900Active1.66 Acres409 Adam Street, Fayetteville, NC 28301
MLS# 10179618Listed by: PROMISED LAND REALTY - New
$294,500Active3 beds 3 baths1,717 sq. ft.247 Eclipse Drive, Fayetteville, NC 28311
MLS# 10179622Listed by: EKAM LLC - New
$245,000Active3 beds 2 baths1,525 sq. ft.1602 Ferndell Drive, Fayetteville, NC 28314
MLS# 765797Listed by: COLDWELL BANKER ADVANTAGE - FAYETTEVILLE