1424-1430 Tangora Lane, Fayetteville, NC 28304

Fayetteville
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
1424-1430 Tangora Lane,Fayetteville, NC 28304
$350,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: nelson padilla, patrick white
Office: lpt realty llc.
MLS#:LP755404
Source:RD

Price summary

  • Price:$350,000

About this home

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...

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Home facts

  • Year built:1986
  • Subdivision & Development:Creeks Edge
  • Listing ID #:LP755404
  • Added:263 day(s) ago
  • Updated:September 28, 2026 at 07:49 AM

Rooms and interior

  • Flooring:Carpet, Hardwood, Laminate, Luxury Vinyl, Tile, Vinyl
  • Bathrooms Description:Bathtub/Shower Combination

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:1986

Finances and disclosures

  • Price:$350,000
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