3516 Torbay Drive, Fayetteville, NC 28311
Local realty services provided by:ERA Strother Real Estate
3516 Torbay Drive,Fayetteville, NC 28311
$179,999
- 3 Beds
- 2 Baths
- 1,226 sq. ft.
- Single family
- Active
Listed by: dark horse group powered by lpt realty
Office: lpt realty llc.
MLS#:771638
Source:NC_FRAR
Price summary
- Price:$179,999
- Price per sq. ft.:$146.82
About this home
GREAT INVESTMENT OPPORTUNITY WITH AN ASSUMABLE VA LOAN AT 5.625%! Whether you're an investor looking to expand your portfolio or a future homeowner searching for a place to call home, this Fayetteville property offers an exciting opportunity!
Currently tenant-occupied with a long-term lease in place through March 2027, this home provides an established rental income opportunity for investors seeking immediate cash flow. Enjoy the advantage of an existing tenant without the initial challenges of marketing and leasing a vacant property.
Step inside and discover a functional, inviting floor plan complemented by recently upgraded flooring, adding a fresh, modern touch to the home's interior. Located in an established neighborhood, this property offers convenient access to shopping, dining, Fort Bragg, and other Fayetteville amenities.
For qualified buyers, the assumable VA loan with a 5.625% interest rate presents an additional financing opportunity, subject to lender and VA approval. Investors can appreciate the existing rental arrangement, while prospective homeowners can explore the potential to make this property their own following the existing lease and applicable occupancy requirements.
INVEST NOW, PLAN FOR THE FUTURE, OR EXPLORE THE POSSIBILITIES OF HOMEOWNERSHIP! Opportunities offering an existing tenant, updated flooring, and potential assumable financing deserve a closer look.
Tenant occupied. Strict 24-hour advance notice required for all showings. Schedule your showing today!...
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Home facts
- Year built:1982
- Subdivision & Development:NONE
- Listing ID #:771638
- Added:1 day(s) ago
- Updated:November 11, 2026 at 04:48 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:5
- Flooring:Carpet, Vinyl
- Living area:1,226 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1982
- Building area:1,226 sq. ft.
- Construction Materials:Frame
- Exterior Features:Patio, Porch
- Levels:1 Story
Schools
- High school:E. E. Smith High
- Middle school:Nick Jeralds Middle School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$179,999
- Price per sq. ft.:$146.82
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