Fayetteville, NC 28301,122 Eastwood AVE

$750,000

$625,000

20.0%
Est.Price: ?

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Est. payment /mo

6,174 SqFt


SOLD DATE : 06/28/2023

Key Details

Sold Price $750,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,174 sqft

Price per Sqft $121

MLS Listing ID 100380841

Sold Date 06/28/23

HOA Y/N No

Year Built 1952

Lot Size 0.870 Acres

Acres 0.87

Lot Dimensions 175x215

Property Sub-Type Multi Family

Source Hive MLS

Property Description

Turn-key 9-unit multifamily conveniently located off of Ramsey St., near the Cape Fear River Trail. All units are currently leased (LOW TURNOVER HISTORY), are metered for water, sewer, and electricity separately, and property management is in place. 7-unit is brick and wood siding with identical, spacious 1 bedroom/1 bath units. 1 unit was updated in 2022 with new flooring, paint, bathroom vanity, and lighting. The other units have not been updated because they have had long-term tenants. The duplex is 2 bed/1 bath on each side and features hardwood floors, vinyl flooring in the kitchen, and original bathroom tile. ALL ONE PARCEL! There is room to raise rents to the current market value. Please do not visit the property or disturb the tenants.

Location

State NC

County Cumberland

Community Other

Zoning SF6

Direction From Ramsey St, turn onto Eastwood Ave. The complex is on the right about 1/4 mile.

Rooms

Basement None

Interior

Heating Other, Electric

Cooling Other

Flooring Carpet, Tile, Vinyl, Wood

Exterior

Parking Features Private, Parking Lot, Off Street, On Site

Utilities Available Electricity Connected, Phone Available

Amenities Available None

Roof Type Shingle

Building

Water Public

New Construction No

Others

Tax ID 0438793614000

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

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Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Taylor Made Real Estate
Bought with Taylor Made Real Estate
EXIT Realty Central
EXIT Realty Central

Office | License ID: 0226020528

+1(757) 466-1009 | soldhamptonroads@gmail.com

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