Description
Great investment opportunity. This 4-plex is in desirable Royal Oaks neighborhood in East Fayetteville. Each unit features 2 bedrooms and 1 bathroom with their own laundry setup. Central heat and air. The tenants are all month to month and are currently rented less than market value. Private balcony upstairs and porch/patio down. 4 refrigerators, 4 dryers and 3 washing machines convey. 4 Bosch on-demand gas water heaters. Also, an adjoining 0.22 acre lot, zoned RSF4, is included in sale. There was a matching footprint 4-plex there before a total loss fire event in 2011. Possible a variance can be achieved to rebuild multifamily. Buyer to due diligence on what can be built. POA has a pool, tennis court and green space.
Property Details
| Days On Market | 13 days |
|---|---|
| Lot Size | 0.44 Acres |
| Air Condition | CentralAir |
| Exterior | Frame |
| Foundation | Slab |
| Roof | Asphalt,Shingle |
| Listed By | Coldwell Banker Harris McHaney & Faucette -Fayette |
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