DESCRIPTION

Here's an opportunity for potential investors to own a rental property in Fayetteville, NC, located in the peaceful and popular Douglas Byrd neighborhood. This single-family home has three spacious bedrooms and two bathrooms, which is sure to attract high-quality tenants seeking comfort and convenience. The property is only 15 minutes away from downtown Fayetteville, which makes it a convenient location for renters. With a little work, it has the potential to produce a good cash flow. Take advantage of this opportunity and invest in this promising property today!

PROPERTY DETAILS

Rehab Level: Moderate Cosmetic

Occupancy: Tenant Occupied (Month-to-Month Lease)

Construction: Brick

Water Heater: Good Condition

Electrical Panel: Good Condition

Windows: Unknown

HVAC: Great Condition

Parking: Driveway

Roof: Good Condition (No Leaks)

Rental Stats (See Attached Report)

Average Rent: $1,351 / mo

Based on 38, 3-Bedroom, 1.5+ Bathroom rentals seen within 6 months in a 1.5 Mile Radius

**Property is TENANT OCCUPIED / WILL NOT BE VACANT AT CLOSE**

**CURRENT RENT - $650 / Mo**

TENANT IS ON A MONTH TO MONTH LEASE

BUYER WILL NEED TO GIVE TENANT 30 DAY NOTICE TO VACATE UPON CLOSING

**DUE TO THE OCCUPANCY STATUS OF THIS PROPERTY, NO SHOWINGS WILL BE SCHEDULED UNLESS A SOFT OFFER IS PRESENTED FIRST**

**Please CALL Ahead to Schedule An Appointment**

**Closing On 05/29/2023**