5623 Shenandoah Drive, Fayetteville, NC 28304

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Samantha Hall

sam@brickhousenc.com +1(919) 749-0489

Listed by THE PROPERTY EMPORIUM

$300,000

Est. payment - /mo

4 Beds

3 Baths

2,066 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,066 sqft

Price per Sqft $145

Subdivision Arran Lakes

MLS Listing ID LP750449

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,066

Year Built 1974

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Single Family Residence

Source Triangle MLS

Property Description

Investor Special! This 4 bedroom, 2.5 bathroom home is already producing income with a long-term tenant in place at $2,200 per month, generating $26,400 annually under a lease secured through March 2026. Priced at $300,000, this property offers investors a strong return with a gross cap rate of approximately 8.8% and an estimated net cap rate in the 6.8–7% range after typical expenses. Inside, you'll find durable LVP flooring throughout, an updated kitchen with stainless steel appliances, and modernized bathrooms. The home also features a spacious double-car garage, a fenced backyard, and a recently replaced HVAC system for added peace of mind. With steady rental income, attractive returns, and thoughtful updates already completed, this home is a true turnkey investment opportunity.

Location

State NC

County Cumberland

Rooms

Basement Crawl Space

Interior

Flooring Vinyl

Fireplaces Number 1

Fireplace Yes

Appliance Dishwasher, Range, Refrigerator, Washer/Dryer

Exterior

Garage Spaces 2.0

View Y/N Yes

Garage Yes

Private Pool No

Building

Structure Type Brick Veneer,Frame

New Construction No

Others

Senior Community No

Tax ID 0406730978.000

Special Listing Condition Standard

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Samantha Hall

+1(919) 749-0489

Broker in Charge | License ID: 294458

Broker in Charge License ID: 294458

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5623 Shenandoah Drive Fayetteville, NC 28304

Samantha Hall

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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