Fix And Flip

CASH BUYER for Multi-Family Triplex and Quad (Investment Opportunity)

439 Cedric St, Fayetteville, NC 28303

$350,000 After Repair Value -
$49,900 Asking Price -
$20,000 Cost of Repairs =
$280,100 Potential Profit

Property Details

Asking Price $49,900

After Repair Value $350,000

Costs of Repairs $20,000

Potential Profit $280,100

Living Area 3420 ft2

Property Type Multi-Family

Bedrooms +6

Bathrooms +6

Half Bathrooms N/A

Parking 0

Listed with Agent 0

EPI (Estimated Potential Income)

Potential Rental Income N/A

Yearly Expenses $0

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

Excellent (Off Market) Investment Opportunity for 2 properties (Triplex and Quad) on 1.5 Acres of Land in Fayetteville NC.LOOKING FOR A CASH BUYER FOR:2 Multifamily (Triplex and Quad) SELLING together located on 1.5 Acres in Fayetteville NC There is a 20K grant from the Fayetteville Economic and Community Developement for Rehab (Repairs)1st Property (Quad) - For Sale 439 Cedric St, Fayetteville, NC 28303 4 Units 1 Bed / 1 Bath per unit Each Unit 480 sqft Total of 1920 sqft. Each Unit Can Rent: $350/ Mo. Income Cash Flow (Gross) Monthly: $ 1,400 Income Cash Flow (Gross). Repairs: Total interior rehab needed, some outside rehab needed. ARV - $200K2nd Property (Triplex) - For Sale 415 Cedric St, Fayetteville, NC 28303 3 Units 1 Bed / 1 Bath per unit Each Unit 500 sqft. Each Unit Can Rent: $350/ Mo. Income Cash Flow (Gross) Monthly: $ 1,050 Income Cash Flow (Gross). Repairs: Total interior rehab needed, some outside rehab needed. ARV - $150KTotal Cash Flow for both Properties (Gross) Monthly $ 2,450. ARV - $350KThere is a grant of $20,000 from the City of Fayetteville Economic & Community Development to assist in the Rehab of the Properties.Close to Fort Bragg. Unbelievable Investment Opportunity!!!

Repairs Needed

Total interior rehab needed, some outside rehab needed.

CONTACT LISTING OWNER

Jess Repaja

Free Member

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