$1,681,415
$1,749,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/21/2026
Key Details
Sold Price $1,681,415
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 748351
Sold Date 04/21/26
Style One Story
HOA Y/N No
Property Sub-Type Quadruplex
Property Description
5 Sgl Family Homes; 3 Duplexes; 1 TriPlex; 1 Quadplex: 10 Buildings/18 Units
-All identical units, 2BR 1BATH. 1600 sq. ft. duplexes, 2400 sq. ft. triplexes, 3200 sq. ft. quadplexes. All built between 1997-2008.
-3 BR 1 BATH houses built between 1997-2004. All built on slabs with either vinyl or cement siding, one story.
-Self management from inception.
-Current Gross Revenue $180,000/yr. 100% occupied. ***Rent increase to be implemented 12/25 which will boost Revenue to $212,400 for 2026.
-2024 Taxes, Insurance, Repairs, Lawn Care $32,500.
-No Rehabs, no vacancies as of 7/25
-Some Tenants have been there over 15 years.
-All trash picked up by the city.
-Electric, water, & sewer (PWC) paid by Tenants.
-All 1 year leases then Month to Month after.
Location
State NC
County Cumberland
Interior
Fireplace No
Exterior
Water Access Desc Public
Building
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style One Story
Level or Stories One
Schools
Middle Schools Max Abbott Middle School
High Schools Terry Sanford Senior High
Others
Tax ID See Exhibit A in TDesk
Ownership More than a year
Acceptable Financing Cash, New Loan
Listing Terms Cash, New Loan
Financing Conventional
Special Listing Condition Standard
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