6443 Applecross Avenue
$365,000
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Description
Prime investment opportunity! This newly renovated, fully occupied quadraplex at 6443 Applecross Ave is located just off Raeford Road, in a highly sought-after area. Each of the four 1-bedroom, 1-bathroom units has undergone a full cosmetic renovation and benefits from a brand-new roof. With current rents below market value, there's substantial potential for cash flow growth. The neighboring quadraplex is also for sale, giving investors the chance to add 8 units to their portfolio. Ideally located...Prime investment opportunity! This newly renovated, fully occupied quadraplex at 6443 Applecross Ave is located just off Raeford Road, in a highly sought-after area. Each of the four 1-bedroom, 1-bathroom units has undergone a full cosmetic renovation and benefits from a brand-new roof. With current rents below market value, there's substantial potential for cash flow growth. The neighboring quadraplex is also for sale, giving investors the chance to add 8 units to their portfolio. Ideally located near Raeford and Hope Mills, with convenient access to amenities like the neighborhood Walmart less than a mile away, this property is a fantastic addition to any investment portfolio.
- Listed by PATRICK WHITE • ONNIT REALTY GROUP
Property Details for 6443 Applecross Avenue
Architectural Style
OneStory
Subdivision NameSOUTHWOOD
ZoningMR5 - Mixed Residential
Zoning DescriptionMR5 - Mixed Residential
ViewYes
LISTING UPDATED: 11/07/2024 12:49 PM
Property Details for 6443 Applecross Avenue
Status | Active |
---|---|
MLS # | 733888 |
Days on Market | 20 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 1975 |
Lot Size | - |
County | Cumberland |
Building Information for 6443 Applecross Avenue
Stories1Residences4Year Built1975Building Size-Lot Size-
Property Information for 6443 Applecross Avenue
Property History for 6443 Applecross Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6443 Applecross Avenue
Taxable ValueLand$20,000Additions$92,020Total$112,020
Tax Record2023$1,597 ($133 / month)
Home Facts
Total Finished SqFt2,511 SqFtAbove Grade Finished SqFt2,511 SqFtStories1Lot Size14,810 SqFtStyleMulti-Family Res (5+ Units)Year Built1975ZoningMR5CountyCUMBERLANDAPN0406-17-3827Fireplace TypeHas Fireplace
Schools near 6443 Applecross Avenue
This home is within Cumberland County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Brentwood Elementary PublicPK to 5 | ||
Lewis Chapel Middle Public6 to 8 | ||
Seventy-First High Public9 to 12 | ||
Seventy-First Classical Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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