$434,900

944 Lark (plus 3 more homes) Drive, Fayetteville, NC 28314

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Outstanding opportunity to acquire 4 Single Family rentals under professional management. Gross monthly income of $4350 or $52,200 annual. This offers an attractive CAP RATE of 8% and a ton of equity. 944 Lark drive (3/2) is leased at $1375, 1101 Fontana St (3/1) is leased at $1075, 745 Rustland Dr (3/1.5) is leased at $925 and 6552 Tareyton Rd (3/1.5) is leased $975.Seller has priced for a quick sale. Sold "as is". Must have accepted offer to view during Due Diligence period. Any DD fee or EM deposit can be provided upon successful walk thru.Some interior photos for 944 Lark and 1101 Fontana which have updates can be found on prior lease listings in MLS QUALIFIED BUYERS ONLY. NO OWNER FINANCING OFFERED.PLEASE DO NOT DISTURB TENANTS. ALL SHOWINGS MUST BE SCHEDULED WITH LIST AGENT DIRECT. THIS IS A NON CSS LISTING!!

Listing Status:
Active
Date Added:
October 30, 2025 at 05:00AM
Listing Office:
GRANT-MURRAY REAL ESTATE LLC. : 910-829-1617
Listing Agent:
STEVE HOGAN : 910-797-1910
MLS ID:
LP752619
  • A/C:
  • Heating:
  • General: One
  • Originating MLS: Triangle MLS
  • County: Cumberland
  • Zoning: 0407112734
  • Water: Public
  • Sewer: Public Sewer
  • Source: Triangle MLS

This listing courtesy of STEVE HOGAN, GRANT-MURRAY REAL ESTATE LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cliffdale Elementary School

6450 Cliffdale Rd, Fayetteville, NC, 28314

Grades PK-5

0.88 miles away

S

Seventy-First Classical Middle School

6830 Raeford Rd, Fayetteville, NC, 28304

Grades 6-8

0.91 miles away

S

Seventy-First High School

6764 Raeford Rd, Fayetteville, NC, 28304

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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