8 UNITS IN FAYETTEVILLE, NC

Price:

$525,000

Status:

Under Contract

Address:

302 Law Rd, Fayetteville, NC 28311, USA

Overview:

This property is located off Ramsey Street, about a mile south of Methodist University in Fayetteville, convenient to multiple dining, shopping, employment and entertainment centers. Built in 1971, the property features eight, identical, two-bedroom, townhome-style units and a common laundry room. With three vacant units, the buyer can add value and realize immediate income upside with strategic renovations.

Watch Video Tour – Unit D

Watch Video Tour – Unit H

 

 

Unit Information

UnitTypeSizeLeaseRent
302-A2BD/1.5BA900 SF6/06/2022$525
302-B2BD/1.5BA900 SFVACANT$750 (MARKET)
302-C2BD/1.5BA900 SF3/11/2022$570
302-D2 BD/1.5 BA900 SFVACANT $750 (MARKET)
302-E2 BD/1.5 BA900 SFMONTH-TO-MONTH$410
302-F2 BD/1.5 BA900 SFMONTH-TO-MONTH$550
302-G2 BD/1.5 BA900 SFMONTH-TO-MONTH$535
302-H2 BD/1.5 BA900 SFVACANT$750 (MARKET)

Property Information

PIN 0439-74-1653 Tax Value 296000
Taxes $4,203.56 Lot Size 0.66 ACERS
Year Built 1971 Exterior BRICK & VINYL
Floors CARPET, VINYL Foundation CRAWL
HVAC CENTRAL AIR, HEAT PUMPS Owner Financing NONE
Utilities INDIVIDUALLY METERED Appliances RANGE, REFRIGERATOR
Legal Description APTS LO4 BL00000 Zoning SF10