3516 Torbay Drive, Fayetteville, NC 28311

• 3 beds |
• 2 baths |
• 1,226 sqft

Property Description

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!

Listing Status:

Active

Data Last Updated:

November 12, 2026 at 10:20PM

Listing Office:

LPT REALTY LLC : 877-366-2213

Listing Agent:

DARK HORSE GROUP POWERED BY LPT REALTY : 315-651-2777

MLS ID:

771638

Interior

• Basement: None
• Flooring: CarpetVinyl
• A/C: Central Air
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Patio
• Style: One Story
• Other Structures: PorchPatioCovered

Construction

• General: Frame1

Location

• Originating MLS: FAY_FAYNC
• County: Cumberland

Lot

• Zoning: HILLENDALE LO:71 SE:2-PT3 PL:0047-00420429-85-0018.000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: FAY_FAYNC
• Ownership: More than a year
• Exclusions: None