Multiple 18 Units On Mciver & Italy St. Street, Fayetteville, NC 28301

Local realty services provided by:ERA Strother Real Estate
Multiple 18 Units On Mciver & Italy St. Street,Fayetteville, NC 28301
$1,999,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: david helms
Office: coldwell banker advantage - fayetteville
MLS#:748351
Source:NC_FRAR

Price summary

  • Price:$1,999,000

About this home

5 Sgl Family Homes; 3 Duplexes; 1 TriPlex; 1 Quadplex: 10 Buildings/18 Units -All identical units, 2BR 1BATH. 1600 sq. ft. duplexes, 2400 sq. ft. triplexes, 3200 sq. ft. quadplexes. All built between 1997-2008. -3 BR 1 BATH houses built between 1997-2004. All built on slabs with either vinyl or cement siding, one story. -Self management from inception. -Current Gross Revenue $180,000/yr. 100% occupied. ***Rent increase to be implemented 12/25 which will boost Revenue to $212,400 for 2026. -2024 Taxes, Insurance, Repairs, Lawn Care $32,500. -No Rehabs, no vacancies as of 7/25 -Some Tenants have been there over 15 years. -All trash picked up by the city. -Electric, water, & sewer (PWC) paid by Tenants. -All 1 year leases then Month to Month after.

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Home facts

  • Listing ID #:748351
  • Added:47 day(s) ago
  • Updated:December 30, 2025 at 08:52 AM

Schools

  • High school:Terry Sanford Senior High
  • Middle school:Max Abbott Middle School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,999,000

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