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1733/1737 Cumberland Drive , Fayetteville, NC 28311

$185,000
  • 1733/1737 Cumberland Drive , Fayetteville, NC 28311 Main Photo

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Pending
BEDS0 BATHS MLS#763808
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEUREKA SPRG

Property Description

1733/1737 Cumberland Drive presents an excellent opportunity to acquire a well-positioned duplex in a highly convenient Fayetteville location. The property consists of two 2-bedroom, 1-bathroom units, each offering approximately 714 square feet of living space. With one unit currently vacant and the other occupied, buyers have the flexibility to immediately place a tenant, owner-occupy one side while collecting rental income, or reposition the asset to maximize returns. Conveniently located just outside Honeycutt Gate and off McArthur Road, the property offers quick access to Fort Bragg, Downtown Fayetteville, Ramsey Street, and I-295, making it an attractive option for tenants seeking accessibility throughout the area. Whether youre a first-time investor looking to enter the multifamily space or a seasoned investor expanding your portfolio, this duplex offers strong upside potential. Based on projected rents of $1,000 per unit, 20% down financing, and an estimated 18% expense ratio (including maintenance, vacancy, and property management), the property is projected to generate approximately $327 per month in net cash flow, or $3,929 annually, equating to an estimated 10% cash-on-cash return. With opportunities to increase rents and build long-term wealth through appreciation and loan paydown, this asset offers a compelling investment profile. Schedule your showing today and explore the potential this investment property has to offer. Financial projections are based on current market conditions and broker analysis. Actual results may vary based on financing terms, operating expenses, management practices, vacancy, and tenant turnover.

1733/1737 Cumberland Drive | MLS# 763808

This multi-family property located at 1733/1737 Cumberland Drive , Fayetteville, NC 28311 is currently listed for sale with an asking price of $185,000. Search Fayetteville real estate on www.townsendrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Home Style: Duplex
Year Built: 1941

Amenities

Ceiling Fan(s)
Eat-in Kitchen
Separate/Formal Living Room
Tub Shower
Utility Room

Feature Descriptions

Exterior: Wood Siding
Flooring: Luxury Vinyl Plank
Sewer: Septic Tank
Units: 2
Water: Public

Local Schools

High School: Pine Forest Senior High
Middle School: Pine Forest Middle School

Listed By / Shown By

Listed By

Agency Name: LPT REALTY LLC
Agency Phone: 877-366-2213

Shown By

Agency Title: Townsend Real Estate
Agency Phone: 910-323-1110

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Estimated Payment

$ 465.69 per month $411.73 Principal & Interest $0.00 Property Tax (data not provided by mls) $53.96 Homeowner's Insurance

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