Walk into immediate equity! Home was appraised at $175,000 (7/10/25), seller asking $149,000. Seller financing available with 30% down.
4 bedroom, 2 bathroom cottage located on a quiet street near FSU campus with a spacious, private lot. Home has GREAT potential for conversion to multi-family property-- property has two driveways, two entrances and could be split into a duplex, or even a triplex with a studio in upper story.
NEW ROOF 2025, NEW AC 2022, NEW HEAT PUMP 2020, UPDATED PLUMBING; PERMITTED STRUCTURAL REBUILD 2025!
Light renovation required if maintaining current floor plan. Home will require repairs to meet VA loan requirements.
Upper story not included in listed square footage due to IBC ceiling height (6'6") with BONUS 1/2 bath rough-in plumbing believed to be original to house. Upper story allows for expansion to additional habitable space with dormers or wind collars.
Sold for $55,000 on 02/05/25
$55,000
1005 College St, Fayetteville, NC 28301
4beds
1,024sqft
SingleFamily
Built in 1940
6,969 Square Feet Lot
$-- Zestimate®
$54/sqft
$1,405 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat pump
Cooling
- Central
Appliances
- Included: Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 1,024 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Stucco, Vinyl
Lot
- Size: 6,969 sqft
Details
- Parcel number: 0438016546
Construction
Type & style
- Home type: SingleFamily
Materials
- Other
- Foundation: Piers
- Roof: Composition
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Fayetteville