1122 Morgan Street A-E
Description of 1122 Morgan Street A-E, Fayetteville, NC 28305
Fully renovated 6-unit multifamily in Haymount — one of Fayetteville's most sought-after neighborhoods.The work is done. Every unit features white shaker cabinets, stainless appliances, updated bath surrounds, new LVP flooring, and ceiling fans. New windows in most units. Solid brick construction, individual unit entrances, and off-street parking. Zero deferred maintenance.Currently generating $5,700/month gross with 5 of 6 units occupied at $950/month. Stabilized at full occupancy: $68,400/year gross. Rents have upside — 2BR units in this corridor support $1,000–$1,100+/month. Fort Bragg proximity drives consistent year-round demand.Ideal for the 1031 exchange buyer or seasoned portfolio investor. Turn-key, income-producing, and priced to move. Seller is a licensed real estate agent in NC.
Property Details
- MLS #LP764100
- Price$650K
- StatusActive
- Bathrooms0
- Year Built1971
- Property TypeResidential Income
- Property Sub TypeApartment
- Days on Site1
- CountyCumberland
- SubdivisionHaymount
- CityFayetteville
- StateNC
- ZIP Code28305
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