NOT LISTED FOR SALE

1726 Kenbrian St Fayetteville, NC 28311

Lake Pines Neighborhood
2 Beds
1 Bath
1,008 Sq Ft
-- Built

Last Sold May 05, 2023

Last sale price $200,000 $198 Per Sq Ft

40 Days on Market

About This Home

As of May 2023

1.72 acre lot zoned C3 and strategically located within eyesight of RT 295 (outer loop) exchange. Used car lot in front with very long term tenant. Gravel drive to the left (south side) provides access to the mobile homes in the rear. There are 7 trailers. Situated in a nice private space. No trailers convey. Trailers are owned by tenants or other party. The rental income is well below market.Buy, upgrade, raise rents and reap the rewards.This is a great value add opportunity for the savvy investor!

Last Agent to Sell the Property

Steve Hogan (addingham)

GRANT-MURRAY REAL ESTATE LLC. License #214644 Listed on: 02/03/2023

Last Buyer's Agent

Steve Hogan (addingham)

GRANT-MURRAY REAL ESTATE LLC. License #214644 Listed on: 02/03/2023

Property Details

Home Type

  • Apartment

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0429-07-1235

Community Details

Overview

  • 9 Units
  • Fayetteville Subdivision

Building Details

  • Gross Income $14,400
  • Net Operating Income $12,536

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Multi Family
  • Ownership: More than a year
  • Subdivision Name: FAYETTEVILLE
  • Property Sub Type Additional: Apartment
  • Special Features: None

Utilities

  • Sewer: Septic Tank
  • Water Source: Other

Lot Info

  • Parcel #: 0429-07-1235
  • Zoning Description: C3 - Heavy Commercial

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 14400.0
  • Property Net Operating Income: 12536.0
  • Above Grade Finished Area Units: Square Feet

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $200,000 -16.3% $198 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $239,000 -- $237 / Sq Ft
Source: Longleaf Pine REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steve Hogan (addingham)

    GRANT-MURRAY REAL ESTATE LLC.

    (910) 797-1910

    10 in this area

    181 Total Sales

    Steve Hogan (addingham)
    Section Image
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Map

Source: Longleaf Pine REALTORS®

MLS Number: 697914

Longleaf Pine REALTORS®

APN: 0429-07-1235

North Carolina Cumberland County Fayetteville 28311 Lake Pines

1726 Kenbrian St, Fayetteville, NC

This home is located at 1726 Kenbrian St, Fayetteville, NC 28311 since 03 February 2023. 1726 Kenbrian St is a home located in Cumberland County with nearby schools including Warrenwood Elementary, Spring Lake Middle, and Pine Forest High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Longleaf Pine REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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