Looking for a Turnkey, Day-1 income producing property, then look no further. This Quad is 100% Occupied and each unit has 2BR/1.5BA. Three (3) units are rented for $650 and One (1) unit is rented for $625. At the current Listing Price, the property is being offered at a 10% Pro Forma Cap Rate. Each unit is individually metered, and tenants pay their own electric and water. There's a monthly Homeowners Association Fee of $35.00 per unit paid for by the owner. There is a Professional Property Management Company in place.
Off market
$41,782
1417 Tangora Ln, Fayetteville, NC 28304
--beds
0baths
1,024sqft
MultiFamily
Built in 1985
-- sqft lot
$-- Zestimate®
$41/sqft
$1,030 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Heat pump, Electric
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Main Level, Inside, Dryer Hook-Up, Washer Hook-Up
Features
- Ceiling Fan(s), Air Conditioned, 1 1/2 Baths
- Flooring: Tile, Carpet, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,024 sqft
Property
Features
- Patio & porch: Deck
- Exterior features: Cement / Concrete
Lot
- Size: 3,049 sqft
Details
- Parcel number: 0406773632
- Zoning: SF6
- Zoning description: Single Family Res 6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1985
Utilities & green energy
- Electric: Public Works
- Sewer: Public Works
- Water: Public Works
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Fayetteville
Other
Other facts
- Flooring: Carpet, Carpet And Tile, Luxury Vinyl Tile
- RoadSurfaceType: Paved
- Appliances: Range/Oven, Refrigerator, Exhaust Fan
- InteriorFeatures: Ceiling Fan(s), Air Conditioned, 1 1/2 Baths
- HeatingYN: true
- PatioAndPorchFeatures: Deck
- CoolingYN: true
- NumberOfUnitsTotal: 4
- PropertyAttachedYN: true
- Heating: Heat Pump, Central A/C, Central Electric A/C
- ElectricOnPropertyYN: True
- SpecialListingConditions: Standard
- FarmLandAreaUnits: Square Feet
- ConstructionMaterials: Fiber Cement
- GrossIncome: 30900
- SecurityFeatures: Smoke Detector(s)
- LaundryFeatures: Main Level, Inside, Dryer Hook-Up, Washer Hook-Up
- OwnerPays: Management Fee
- Zoning: SF6
- YearsCurrentOwner: More than a year
- Electric: Public Works
- Sewer: Public Works
- WaterSource: Public Works
- ZoningDescription: Single Family Res 6
- MlsStatus: Pending
- NetOperatingIncome: 19897
- OperatingExpense: 11003.00
- Road surface type: Paved