Bought with Southern Properties Group Inc.
$305,000
$300,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 07/20/2023
Key Details
Sold Price $305,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Greenwood
MLS Listing ID LP703743
Sold Date 07/20/23
Originating Board Triangle MLS
Year Built 1981
Property Description
Diversify your portfolio with this new construction, turn-key duplex located in a prime area that will keep your occupancy rates high for long-term or short-term rental investment opportunities. Each unit features 2 spacious bedrooms with 2 full bathrooms. Easy-to-maintain LVP floors throughout will give you the efficiency needed to quickly have your units ready for new tenants in years to come. Architectural shingled roof gives this duplex the resilience it needs to protect the property and withstand the weather for 20-30 years. All major components are new and structurally fit for a long life expectancy. New stainless-steel appliances. Conveniently situated in the middle of Fayetteville, 608/610 Miller Avenue is the perfect cash-flowing property for any buy-and-hold investor or Short-term rental investor. Long-term rental rates for each unit: $1200-$1400. Short-term rental rates for each unit: $96/Daily Rate, 27K/yearly revenue, 77% occupancy. Cash offers/ 1031 Exchange encouraged.
Location
State NC
County Cumberland
Zoning MR5 - Mixed Residential
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air
Cooling Central Air
Flooring Carpet, Hardwood, Vinyl
Laundry Inside, Main Level
Exterior
Utilities Available Natural Gas Not Available
View Y/N Yes
Private Pool No
Others
Tax ID 0416681554
Special Listing Condition Standard
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