For Sale Multi-Family MLS# 767595

5801-5807 Aftonshire Drive

Fayetteville, NC 28304

$300,000

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About 5801-5807 Aftonshire Drive

5801–5807 Aftonshire Drive offers a well-positioned quadraplex consisting of four 1-bedroom, 1-bathroom units, each featuring a private rear deck. The property is currently 75% occupied and generating $2,240 in gross monthly income, with rents below market, providing immediate upside.

Conveniently located just off Raeford Road, this property offers quick access throughout Fayetteville, making it attractive to tenants and investors alike. With projected rents of $950 per unit, and assuming 20% down, an 18% expense ratio (vacancy, capex, property management), plus monthly HOA fees, the projected net cash flow is approximately $619 per month, or $7,430.88 annually, representing an estimated 11% cash-on-cash return.

This asset presents a strong pro forma with room for value creation, whether through rent increases or stabilization to full occupancy. An excellent option for investors looking to expand their portfolio or acquire a turn-key multifamily asset in a high-demand location.

Financial projections are based on current market conditions and seller/broker analysis. Actual results may vary depending on financing terms, operating expenses, turnover, and management practices.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1985
Lot
0.0
Original price
$324,900
MLS #
767595

Interior

Features
true, Central Air, Eat-in Kitchen,Separate/Formal Living Room,Kitchen Exhaust Fan,Laminate Counters,Tub Shower, Luxury Vinyl Plank
Flooring
Luxury Vinyl Plank
Cooling
true, Central Air

Exterior & lot

Features
Fourplex, Deck
Construction
Wood Siding
Lot
CREEKS EDGE TOWNHOMES LO:48A-48D PL:0058-0127, 0406-77-5358.000
Patio & porch
Deck

Schools

District
Cumberland County Schools
Middle
Lewis Chapel Middle School
High
Seventy-First Senior High

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
FAY_FAYNC
Parcel
0406-77-5358.000
Legal
CREEKS EDGE TOWNHOMES LO:48A-48D PL:0058-0127

Location

Subdivision
CREEKS EDGE
County
Cumberland
Neighborhood
Seventy-First
Community
Cumberland, Paved, FAY_FAYNC
Directions
Use GPS!

Location

Neighborhood
Seventy-First
Subdivision
CREEKS EDGE
School district
Cumberland County Schools

Ask about this property

Questions on 5801-5807 Aftonshire Drive, Fayetteville, NC 28304, or want to see it in person?

Listed by NELSON PADILLA, LPT REALTY LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.