6443 Applecross Avenue

Fayetteville, NC 28304

$365,000
Price
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Beds
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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.
  1. Listed by PATRICK WHITE • ONNIT REALTY GROUP

Property Details for 6443 Applecross Avenue

Architectural Style
OneStory
Subdivision Name
SOUTHWOOD
Zoning
MR5 - Mixed Residential
Zoning Description
MR5 - Mixed Residential
View
Yes
LISTING UPDATED: 11/07/2024 12:49 PM

Property Details for 6443 Applecross Avenue

StatusActive
MLS #733888
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1975
Lot Size-
CountyCumberland

Building Information for 6443 Applecross Avenue

Stories1Residences4Year Built1975Building Size-Lot Size-

Property Information for 6443 Applecross Avenue

Summary
Location and General Information
  • City: Fayetteville
  • County Or Parish: Cumberland
  • Country: US
  • Directions: Use GPS
  • Road Surface Type: Paved
  • Postal Code: 28304
  • Latitude: 35.035585
  • Longitude: -78.995563
  • State Or Province: NC
Taxes and HOA Information
  • Parcel Number: 0406-17-3827.000
  • Tax Legal Description: .34 AC ELLIOTT LD SOUTHWOOD APTS
School Information
  • High School: Seventy-First Senior High
  • Middle Or Junior School: Lewis Chapel Middle School
Parking
  • Covered Spaces: 0.0
Property
Lot Information
  • Above Grade Finished Area Units: SquareFeet
  • Below Grade Finished Area Units: SquareFeet
  • Building Area Total: 0.0
  • Building Area Units: SquareFeet
  • Lot Size Area: 0.0
  • Lot Size Units: SquareFeet
  • Living Area Units: SquareFeet
Property and Assessments
  • Year Built: 1975
  • Human Modified: Yes
Utilities
  • Sewer: SepticTank
  • Utilities: Natural Gas Not Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Patio
  • Construction Materials: Brick
  • Patio And Porch Features: Patio
  • Pool Private: No
Interior Features
  • Levels: One
  • Stories: 1
  • Flooring: LuxuryVinyl, LuxuryVinylPlank
  • Bathrooms Total: 0
  • Cooling: Yes
  • Cooling: WindowUnits
  • Heating: Yes
  • Heating: WindowUnit
  • Interior Features: Bathtub, WalkInClosets
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $35,160
Rental
Rental Information
  • Occupant Type: Occupied
  • Lease Considered: No
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 6443 Applecross Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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Similar Sold Homes

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6443 Applecross Avenue is a multi-family home for sale in Fayetteville, NC 28304. This property was listed for sale on October 24, 2024 by ONNIT REALTY GROUP, it's currently listed at $365,000. It has been on the market for a total of 20 days and was last sold on November 6, 2023. This listing's school district is Cumberland County School District. Nearby schools include Brentwood Elementary, Lewis Chapel Middle and Seventy-First High. 6443 Applecross Avenue is a 0-bed, 0-bath, multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ONNIT REALTY GROUP

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