$1,749,000

Multiple 18 UNITS on McIver & Italy St. Street, Fayetteville, NC 28301

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

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.

Listing Status:
Pending
Data Last Updated:
April 5, 2026 at 7:19AM
Listing Office:
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE : 910-483-5353
Listing Agent:
DAVID HELMS : 910-257-1634
MLS ID:
748351
  • Style: One Story
  • General: 1
  • Originating MLS: FAY_FAYNC
  • County: Cumberland
  • Zoning: See Exhibit A in TDesk
  • Water: Public
  • Sewer: Public Sewer
  • Source: FAY_FAYNC
  • Ownership: More than a year

This listing courtesy of DAVID HELMS , COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Ashley Elementary School

810 Trainer Dr, Fayetteville, NC, 28304

Grades 3-5

1.07 miles away

R

R. Max Abbott Middle School

590 Winding Creek Rd, Fayetteville, NC, 28305

Grades 6-8

1.79 miles away

C

Cumberland Academy 6-12 Virtual School

396 Elementary Dr, Fayetteville, NC, 28301

Grades 6-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.