405 & 407 Andy Street,Fayetteville, NC 28303
Fayetteville, NC 28303
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.
Details
| MLS # | 762563 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 174 |
| Listing Provided By | EXP REALTY LLC | KIMBERLY DANIELS |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,276 |
| Story(s) | 1 |
| Zoning | SF6 - Single Family Res 6 |
| Acreage | 0.21 |
Interior
| Fireplace Features | None |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Rooms Total | 8 |
Exterior
| Exterior Features | Fenced Yard |
|---|---|
| Construction Materials | Other |
| Patio And Porch Features | Covered |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Other, Other30 |
|---|
Taxes
| Tax Legal Description | BONNIE ACRES LTS 225 & 226 IMP 405-407 ANDY ST |
|---|
Area Information
| State | NC |
|---|---|
| County | Cumberland |
| City | Fayetteville |
| Zip Code | 28303 |
| Area | Cumberland |
| Community Name | Bonnie Doone |
| Listing VS Median (in Bonnie Doone) | |
Price: $169,000 low | high Med: $0 On site: 174 low | high Med: | |
Market Activity 28303
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Learn More About This Property
| State | NC |
|---|---|
| County | Cumberland |
| City | Fayetteville |
| Zip Code | 28303 |
| Area | Cumberland |
| Community Name | Bonnie Doone |
| Listing VS Median (in Bonnie Doone) | |
Price: $169,000 low | high Med: $0 On site: 174 low | high Med: | |