157 Old Shaw Road, Fayetteville, NC 28303
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
157 Old Shaw Road,Fayetteville, NC 28303
$999,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kendra lancaster
Office: townsend commercial
MLS#:LP765763
Source:RD
Price summary
- Price:$999,000
About this home
157 Old Shaw Rd presents an excellent multifamily investment opportunity featuring a 10-unit apartment complex with strong in-place occupancy and consistent rental income. The property offers investors immediate cash flow with an average monthly rent of $871.06 per unit, providing both stable income and future upside potential through continued rental growth and operational efficiencies.The property has recently undergone extensive, high-value capital improvements designed to maximize efficiency, protect your margins, and attract premium tenants. Key modernizations include a comprehensive full plumbing overhaul and major electrical upgrades—complete with dedicated, newly added breaker boxes for every apartment. Inside the units, tenants enjoy an elevated living experience with brand-new kitchens and bathrooms, featuring all-new cabinetry, brand-new refrigerators, and modern stoves.This asset is well-positioned for investors seeking a professionally maintained multifamily property in a growing rental market. The unit mix and steady tenant demand make this an attractive addition to any investment portfolio, whether for a seasoned operator or first-time multifamily investor.The property represents a successful, completed value-add project. Since acquisition, ownership has implemented a comprehensive operational turnaround, rectifying previous management inefficiencies and optimizing the tenant base. The current list price reflects the property’s successful transition from an under-performing asset to a fully stabilized, high-yield investment.Financial information, including income and expense figures, has been provided by the property owner. Buyers are encouraged to conduct their own independent due diligence and verification of all financials and property information.Contact listing agent for additional details, rent roll, and financial package....
Contact an agent
Home facts
- Listing ID #:LP765763
- Added:1 day(s) ago
- Updated:July 11, 2026 at 01:32 AM
Heating and cooling
- Heating:Baseboard Heat, Electric
Finances and disclosures
- Price:$999,000
New listings near 157 Old Shaw Road
- New
$189,900Active3 beds 2 baths1,430 sq. ft.5014 Ashton Road, Fayetteville, NC 28304
MLS# 765588Listed by: GENE COOPER REALTY - New
$305,000Active3 beds 3 baths1,607 sq. ft.4900 Avant Ferry Court, Fayetteville, NC 28306
MLS# 765724Listed by: NORTHGROUP REAL ESTATE - New
$130,000Active3 beds 2 baths936 sq. ft.709 Lakeland Street, Fayetteville, NC 28301
MLS# 765779Listed by: LPT REALTY LLC - New
$379,999Active5 beds 3 baths2,543 sq. ft.511 Mossy Pond (lot 89) Court, Fayetteville, NC 28311
MLS# 765730Listed by: COLDWELL BANKER ADVANTAGE - FAYETTEVILLE - New
$460,000Active4 beds 4 baths2,750 sq. ft.3303 Quarry Drive, Fayetteville, NC 28303
MLS# LP765772Listed by: LPT REALTY LLC - New
$220,000Active3 beds 2 baths1,362 sq. ft.6873 Kingsgate Drive, Fayetteville, NC 28314
MLS# LP765755Listed by: EASTERN PINE REALTY GROUP - New
$305,000Active3 beds 3 baths1,729 sq. ft.3524 Gables Drive, Fayetteville, NC 28311
MLS# LP765761Listed by: KELLER WILLIAMS REALTY (FAYETTEVILLE) - New
$299,000Active4 beds 3 baths2,672 sq. ft.1946 Forest Hills Drive, Fayetteville, NC 28303
MLS# LP765467Listed by: RE/MAX CHOICE - New
$238,900Active4 beds 2 baths1,514 sq. ft.1342 Devonshire Drive, Fayetteville, NC 28304
MLS# LP765502Listed by: FRANKLIN JOHNSON COMMERCIAL REAL ESTATE - New
$550,000Active2.2 Acres0 Country Club Drive, Fayetteville, NC 28301
MLS# LP765573Listed by: FRANKLIN JOHNSON COMMERCIAL REAL ESTATE