315/ 317/420/421/425 Mciver & 701a&b/703/705/707 Italy Street, Fayetteville, NC 28301
Local realty services provided by:ERA Strother Real Estate
315/ 317/420/421/425 Mciver & 701a&b/703/705/707 Italy Street,Fayetteville, NC 28301
$2,100,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:david helms
Office:coldwell banker advantage - fayetteville
MLS#:748351
Source:NC_FRAR
Price summary
- Price:$2,100,000
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.
Contact an agent
Home facts
- Listing Id #:748351
- Added:6 day(s) ago
- Updated:August 07, 2025 at 11:42 PM
Schools
- High school:Terry Sanford Senior High
- Middle school:Max Abbott Middle School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,100,000
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