$525,000
$550,000
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14,356 SqFt
SOLD DATE : 01/11/2021
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 14,356 sqft
Price per Sqft $36
Subdivision None
MLS Listing ID 648397
Sold Date 01/11/21
Style One Story
HOA Y/N No
Year Built 1950
Property Sub-Type Apartment
Property Description
Great Investor Opportunity!!! Property consist of 22 total units housed within 8 single level concrete block/stucco buildings located near FT Bragg (4904-08-16-17-19-22 Schmidt Street). There are 10 each 1BR/1BA units and 12 each 2BR/1BA units. Tenants pay individual Electric, Water and Sewer. The property is located just off Bragg Boulevard which is one of the main thoroughfares. It is a short 10-minute drive from the downtown area of the city of Fayetteville, NC and within 5 minutes (2 miles) of FT Bragg Military Installation, which is the largest Military Installation in the United States. It is also within 5 minutes of Cross Creek Mall, Walmart Supercenter and many other various Retailers, Restaurants and Hotels. There is a Professional Property Management Company in place.
Location
State NC
County Cumberland
Community Street Lights
Interior
Interior Features Ceiling Fan(s)
Heating Baseboard, Window Unit
Cooling Window Unit(s)
Flooring Hardwood, Luxury Vinyl Plank, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Fence, Porch
Fence Back Yard, Yard Fenced
Community Features Street Lights
Water Access Desc Public
Porch Covered, Front Porch, Porch
Building
Lot Description 1-2 Acres
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style One Story
Level or Stories One
Schools
Elementary Schools W.T. Brown Elem
Middle Schools Max Abbott Middle School
High Schools Terry Sanford Senior High
Others
Tax ID 0418-37-0945
Ownership More than a year
Acceptable Financing Cash, 1031 Exchange, New Loan
Listing Terms Cash, 1031 Exchange, New Loan
Financing Seller Financing
Special Listing Condition Standard
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Bought with RESOLUTE REALTY LLC.
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