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.

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