14241430 Tangora LN, Fayetteville, NC 28304
14241430 Tangora LN, Fayetteville, NC 28304
14241430 Tangora LN, Fayetteville, NC 28304
14241430 Tangora LN, Fayetteville, NC 28304
14241430 Tangora LN, Fayetteville, NC 28304
14241430 Tangora LN, Fayetteville, NC 28304
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Alicia Rivera

Alicia Rivera

+1(919) 578-7891
Listed by LPT REALTY LLC
$ 350,000
Est. payment | /mo
Save
$ 350,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Creeks Edge

MLS Listing ID LP755404

HOA Y/N No

Year Built 1986

Property Sub-Type Quadruplex

Source Doorify MLS

Property Description

1424–1430 Tangora Lane is a four-unit property made up of four 2-bed / 1.5-bath units. The property is 50% occupied and currently brings in $1,745 in gross monthly income, with in-place rents sitting below market—creating clear upside for the next owner.Located just off Raeford Road, the property offers convenient access to major routes throughout Fayetteville, which helps support consistent rental demand. Based on projected rents of $1,000 per unit, and assuming 20% down, an 18% expense factor (vacancy, capex, management), along with monthly HOA dues, the property is projected to produce approximately $649 in monthly net cash flow, or $7,796.88 annually. This equates to an estimated 11.14% cash-on-cash return.With below-market rents and the ability to stabilize the remaining vacancy, this property offers a solid value-add opportunity while still functioning as a largely turn-key asset. A strong fit for investors seeking steady cash flow with room to improve performance in a high-demand area.Financial projections are estimates based on current market data and seller/broker analysis. Actual results may vary depending on financing structure, operating costs, vacancy, and management strategy.

Location

State NC

County Cumberland

Community Creeks Edge

Zoning SF6 - Single Family Res 6

Interior

Interior Features Bathtub/Shower Combination, Ceiling Fan(s)

Cooling Central Air

Flooring Carpet, Hardwood, Laminate, Luxury Vinyl, Tile, Vinyl

Fireplace No

Exterior

Utilities Available Natural Gas Not Available

Garage No

Building

New Construction No

Others

Tax ID 0406-77-2419

Doorify MLS

NEARBY SCHOOLS & PROPERTIES

Alicia Rivera

“As your trusted realtor, my job is to provide luxury service and expert advice to clients to ensure informed decisions are made during the buying, selling of properties! ”

+1(919) 578-7891

aliciariverarealtor@gmail.com

5960 Fairview Rd Suite 400, Charlotte, NC 28210, United States

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14241430 Tangora LN