1 of 26 - 315/ 317/420/421/425 Mciver & 701a&b/703/705/707 Italy Street, Fayetteville, NC Save the listing
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315/ 317/420/421/425 Mciver & 701a&b/703/705/707 Italy Street, Fayetteville, NC

$1,999,000

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About 315/ 317/420/421/425 Mciver & 701a&b/703/705/707 Italy Street

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.

Features of 315/ 317/420/421/425 Mciver & 701a&b/703/705/707 Italy Street

MLS® # LP748351
Price $1,999,000
Type Residential Income
Status Active

Community Information

Address 315/ 317/420/421/425 Mciver & 701a&b/703/705/707 Italy Street
City Fayetteville
County Cumberland
State NC
Zip Code 28301

Amenities

Utilities Natural Gas Not Available
Is Waterfront No
Has Pool No

Interior

Fireplace No
Stories One
Has Basement No

Additional Information

Date Listed August 7th, 2025
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Listing Map

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