5801-5807 Aftonshire Drive, Fayetteville, NC 28304

Fayetteville
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
5801-5807 Aftonshire Drive,Fayetteville, NC 28304
$324,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nelson padilla
Office: lpt realty llc.
MLS#:LP767595
Source:RD

Price summary

  • Price:$324,900

About this home

5801–5807 Aftonshire Drive offers a well-positioned quadraplex consisting of four 1-bedroom, 1-bathroom units, each featuring a private rear deck. The property is currently 75% occupied and generating $2,240 in gross monthly income, with rents below market, providing immediate upside.Conveniently located just off Raeford Road, this property offers quick access throughout Fayetteville, making it attractive to tenants and investors alike. With projected rents of $950 per unit, and assuming 20% down, an 18% expense ratio (vacancy, capex, property management), plus monthly HOA fees, the projected net cash flow is approximately $619 per month, or $7,430.88 annually, representing an estimated 11% cash-on-cash return.This asset presents a strong pro forma with room for value creation, whether through rent increases or stabilization to full occupancy. An excellent option for investors looking to expand their portfolio or acquire a turn-key multifamily asset in a high-demand location.Financial...

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Home facts

  • Year built:1985
  • Subdivision & Development:Creeks Edge
  • Listing ID #:LP767595
  • Added:1 day(s) ago
  • Updated:August 15, 2026 at 04:10 AM

Rooms and interior

  • Flooring:Luxury Vinyl

Structure and exterior

  • Year built:1985
  • Exterior Features:Deck

Finances and disclosures

  • Price:$324,900
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