- For Sale Investment Opportunity
- Property Type Multi-Family
- Property Size 1 SF
- Units 22
- Lot Size 1.07 Acre
- Building Class C
- Year Built 1960
- Year Renovated 2024
- Date Updated May 21, 2026
Description
CONVENIENT LOCATION
Schmidt Street offers a proximate location to higher education, employment hubs, popular restaurants and shopping (CAVA,
Starbucks and more 5 minutes drive), and major transportation corridors. Fayetteville State University (7,000+ students) is an
8-minute drive and Fayetteville Technical Community College (10,000+ students) is within 6 minutes’ drive. Fort Liberty (formerly Fort Bragg) is one of the largest military bases in the world and only a 5-minute drive, while Downtown Fayetteville is only 10 minutes away from the Property. Schmidt Street is also situated just off of Hwy 24, and offers easy access to 401 and I-295.-
Highlights
- and up to market rents.
- building consists of all 1-bedroom units, while the house consist of a 2 bedrooms, 1 bathroom layout. These 7 units are all in need
- Current ownership has extensively renovated 14 of the 16 units down to the studs, with new HVACs, electrical, plumbing, windows, and interior finishes. Interior finishes include new LVP flooring, cabinets, countertops, sinks, toilets, bathtubs, fixtures, appliances, and Washer/Dryer hookups.
- Each unit of the property is individually metered for all utilities, meaning tenants are responsible for direct payment of their utilities. With little to no utility expense, this property should operate at lower operating expense costs.
- INDIVIDUALLY METERED UTILITIES
- of full renovation, creating an opportunity for a buyer to add tremendous value to the property by bringing these units online
- OFFERED WITH ADDITIONAL VACANT UNITS
- SUBSTANTIALLY RENOVATED PROPERTY
- The sellers are willing to include an adjacent 6-unit building and a single-family home in the sale for a total of 23 units. The 6 unit
False
Contacts
Hayden Davis
Greysteel
Location
Located at 4902-4924 Schmidt St, Fayetteville, NC 28303, this property is part of the Bonnie Doone neighborhood.
Contact Listing Broker
Hayden Davis
Greysteel
