1733/1737 Cumberland DR Fayetteville, NC 28311
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Eureka Sprg
MLS Listing ID 763808
Style Duplex
HOA Y/N No
Year Built 1941
Property Sub-Type Duplex
Property Description
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 you're 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.
Location
State NC
County Cumberland
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen, Separate/Formal Living Room, Tub Shower, Utility Room
Cooling Central Air, Electric
Flooring Luxury Vinyl Plank
Fireplace No
Exterior
Water Access Desc Public
Building
Dwelling Type Duplex
Sewer Septic Tank
Water Public
Architectural Style Duplex
Schools
Middle Schools Pine Forest Middle School
High Schools Pine Forest Senior High
Others
Tax ID 0520-48-8885.000
Ownership More than a year
Acceptable Financing Cash, Conventional, FHA, New Loan, VA Loan
Listing Terms Cash, Conventional, FHA, New Loan, VA Loan
Special Listing Condition Standard
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