Prime investment opportunity! This newly renovated, fully occupied quadraplex at 6443 Applecross Ave is located just off Raeford Road, in a highly sought-after area. Each of the four 1-bedroom, 1-bathroom units has undergone a full cosmetic renovation and benefits from a brand-new roof. With current rents below market value, there's substantial potential for cash flow growth. The neighboring quadraplex is also for sale, giving investors the chance to add 8 units to their portfolio. Ideally located near Raeford and Hope Mills, with convenient access to amenities like the neighborhood Walmart less than a mile away, this property is a fantastic addition to any investment portfolio.
This recently renovated quadraplex is an excellent opportunity for both new and seasoned investors. With a 100% occupancy, buy into a cash-flowing asset! Each unit has been beautifully updated with durable luxury vinyl plank (LVP) flooring, paint, modern vanities, new toilets, and sleek three-piece shower/tub combos. Don’t miss out on this chance to invest in a property that’s already primed for success!
The median home value in Fayetteville, NC is $188,800. This is lower than the county median home value of $189,100. The national median home value is $338,100. The average price of homes sold in Fayetteville, NC is $188,800. Approximately 38.98% of Fayetteville homes are owned, compared to 48.67% rented, while 12.35% are vacant. Fayetteville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fayetteville real estate agent to arrange a tour today!
Fayetteville, North Carolina 28304 has a population of 208,497. Fayetteville 28304 is more family-centric than the surrounding county with 28.56% of the households containing married families with children. The county average for households married with children is 28.07%.
The median household income in Fayetteville, North Carolina 28304 is $48,923. The median household income for the surrounding county is $50,746 compared to the national median of $69,021. The median age of people living in Fayetteville 28304 is 30.3 years.
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 32.1 degrees. The average rainfall is approximately 45.3 inches per year, with 1.6 inches of snow per year.