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Listed price in listed location currency (USD).
$189,900

420

MLS® LP762563

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1276 sqft
Garage No
Taxes 
Days Active 3
Lot Size 0.21 acres
Approx. Age 1952
Avg. Price Per Sqft $148
MLS® Number LP762563

Property Address: 405 & 407 Andy St, Fayetteville, NC, 28303-3507

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberLP762563
Laundry Level
Central VacNo
FireplaceNo
Acreage0.21
Exterior
GarageNo
Approx. Age1952
BasementCrawl Space
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 13, 2026List Date
$189,900List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $165,000 and $203,000.
Similar properties in this area sold on average for: $165,250
Expected to sell in 74 days. Similar properties sold in 77 days. This home has been on Zoocasa for 3 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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