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1401-1407 Tangora Lane, Fayetteville
$405,000
768100 MLS
VA LOAN ELIGIBLE! This 75% occupied, updated quadplex features a newer roof (2023) and one unit left intentionally vacant for potential live-in landlords. All units offer 2 upstairs bedrooms, each with their own private, full bathroom. Downstairs, the open floorplan offers a half bath, laundry room, open kitchen with dishwasher, range, and refrigerator, and living/dining room combo. Each unit also has it's own outside storage, designated parking, and vinyl siding for easy maintenance! Unit 1 is leased through 9/1/2027 for $1,000/month. Unit 3 is leased through 8/31/2027 for $950/month. Unit 4 is leased through 12/31/2026 for $950/month. Unit 2 is intentionally vacant with a consistent rental history. Conveniently located in an established neighborhood less than 15 minutes from Cape Fear Valley Hospital and 20 minutes from Fort Bragg and Downtown Fayetteville, this great investment opportunity is waiting for you to make it yours!

1401-1407 Tangora Lane, Fayetteville

5900, 5902, 5904, 5906 Aftonshire Drive, Fayetteville
$356,000
769018 MLS
CALLING ALL INVESTORS! Turnkey investment opportunity featuring four updated townhome units in one building! Each unit offers 2 bedrooms, 1.5 bathrooms, a covered front entry, partially fenced backyard, and interior washer/dryer hookups. All four units have been updated within the past 3 years, making this a great opportunity for an investor looking for a property that is already well-positioned for rental income. Two units are currently occupied at $950 per month each, while two are vacant and ready for new tenants. Rent rolls are available upon request. Centrally located just minutes from Skibo Rd and Raeford Rd, with restaurants, shopping, gas stations, and everyday conveniences close by. Approximately 25 minutes from Fort Bragg. Excellent opportunity for investors looking to add a partially occupied, income-producing multifamily property to their portfolio. Listing agent is the owner of the property. Hablo español.

5900, 5902, 5904, 5906 Aftonshire Drive, Fayetteville

1424-1430 Tangora Lane, Fayetteville
$335,000
755404 MLS
1424–1430 Tangora Lane is a four-unit property made up of four 2-bed / 1.5-bath units. The property is 50% occupied and currently brings in $1,745 in gross monthly income, with in-place rents sitting below market—creating clear upside for the next owner. Located just off Raeford Road, the property offers convenient access to major routes throughout Fayetteville, which helps support consistent rental demand. Based on projected rents of $1,000 per unit, and assuming 20% down, an 18% expense factor (vacancy, capex, management), along with monthly HOA dues, the property is projected to produce approximately $649 in monthly net cash flow, or $7,796.88 annually. This equates to an estimated 11.14% cash-on-cash return. With below-market rents and the ability to stabilize the remaining vacancy, this property offers a solid value-add opportunity while still functioning as a largely turn-key asset. A strong fit for investors seeking steady cash flow with room to improve performance in a high-demand area. Financial projections are estimates based on current market data and seller/broker analysis. Actual results may vary depending on financing structure, operating costs, vacancy, and management strategy.

1424-1430 Tangora Lane, Fayetteville

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