Address
405 & 407 Andy Street, Fayetteville, NC
Price
$ 180,000
Property Attributes
- MLS#762563
- TypeSingle Family
- Listing Status Active
- CountyCumberland
- CityFayetteville
- NeighborhoodBonnie Doone
- Zip28303
- StyleSingle Family Residence
- Year Built1952
- Price$ 180,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1276
- Lot Size0.21 Acres
Data Source:
Triangle MLS (TMLS)
Property Description
Turnkey investment opportunity featuring TWO detached single-family homes on one parcel with stable tenants already in place and immediate cash flow from day one! Currently generating $1,850/month in rental income with lease coverage extending into 2027, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-producing asset.Professionally managed, the property has been consistently maintained and features extensive updates already completed between both homes, including newer roofs, heat pumps, windows, plumbing, electrical updates, remodeled bathrooms, LVP flooring, appliances, and more — significantly reducing near-term capital expenditure concerns.405 Andy features major 2023 system upgrades including roof, HVAC, water heater, plumbing, electrical, and windows, along with a fully remodeled bathroom and LVP flooring completed in 2025. 407 Andy has also undergone substantial improvements including roof, HVAC, windows, front door replacement, remodeled bathroom, kitchen repairs, and new LVP flooring installed in 2026.Properties like this are hard to find in this price range — two detached homes, updated major systems, tenant occupancy already in place, and immediate income potential all in one package. Conveniently located in Fayetteville near Fort Liberty, shopping, dining, and major commuter routes.Photos are from just prior to current tenant occupancy in 2026.
| Price History | |
|---|---|
| 8/19/2026 | Listed $180,000 |
General Features
| Sewer | Other,Other30 |
|---|---|
| Zoning | SF6 - Single Family Res 6 |
| Patio/Porch Features | Covered |
| Construction Materials | Other |
| Year Built | 1952 |
| Levels | One |
| Property Subtype | Single Family Residence |
| County | Cumberland |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Bonnie Doone |
| Garage Y/N | false |
| Total Rooms | 8 |
| Full Baths | 2 |
| Status | Active |
| Directions | https://www.google.com/maps/dir//405+Andy+St,+Fayetteville,+NC+28303/@35.0968914,-78.9500149,17z/data=!4m8!4m7!1m0!1m5!1m1!1s0x89ab6b736a7f8f05:0x5fb7e74106c3abe!2m2!1d-78.9500149!2d35.0968914 |
| City | Fayetteville |
| Lot Size Units | Acres |
| Lot Size Square Feet | 9147.6 |
| Carport Y/N | false |
| Standard Status | Active |
Interior Features
| Basement | Crawl Space |
|---|---|
| Flooring | Other |
| Fireplace Features | None |
| Fireplace Y/N | false |
| Total Bedrooms | 4 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Fenced Yard |
|---|---|
| Fencing | Fenced |
| Water Source | Other |
| Lot Size Area | 0.21 |
| Building Area Total | 1276 |
| Lot Size Acres | 0.21 |
| Road Surface Type | Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 28303
Price
Year Built
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