315/ 317/420/421/425 McIver & 701A&B/703/705/707 Italy Stree Fayetteville, NC 28301
Listing Courtesy of: FAYETTEVILLE NC / Coldwell Banker Advantage / David Helms

  315/ 317/420/421/425 McIver & 701A&B/703/705/707 Italy Stree Fayetteville, NC 28301

Active (6 Days)

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.

MLS #:
748351
Type
Multifamily
Style
One Story
County
Cumberland County

Listed By

David Helms, Coldwell Banker Advantage
Source
FAYETTEVILLE NC
Last checked Aug 13 2025 at 6:11 PM GMT+0000
Bathroom Details
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Middle School: Max Abbott Middle School
  • High School: Terry Sanford Senior High
Stories
  • 1
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Disclaimer: Copyright 2025 Fayetteville NC MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/13/25 11:11