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Listed price in listed location currency (USD).
$350,000

000

MLS® 755404

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 50
Approx. Age 1986
MLS® Number 755404

Property Address: 1430-1424 Tangora Ln, Fayetteville, NC, 28304-2436

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

Description

1424–1430 Tangora Lane is a four-unit property made up of four 2-bed / 1.5-bath units. The property is 75% occupied and currently brings in $2, 650 in gross monthly income, with in-place rents sitting below market—creating clear upside for the next owner. Located just off Raeford Road, the property offers convenient access to major routes throughout Fayetteville, which helps support consistent rental demand. Based on projected rents of $1, 000 per unit, and assuming 20% down, an 18% expense factor (vacancy, capex, management), along with monthly HOA dues, the property is projected to produce approximately $649 in monthly net cash flow, or $7, 796.88 annually. This equates to an estimated 11.14% cash-on-cash return. With below-market rents and the ability to stabilize the remaining vacancy, this property offers a solid value-add opportunity while still functioning as a largely turn-key asset. A strong fit for investors seeking steady cash flow with room to improve performance in a high-demand area. Financial projections are estimates based on current market data and seller/broker analysis. Actual results may vary depending on financing structure, operating costs, vacancy, and management strategy.
MLS® Number755404
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1986
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 7, 2026List Date
$350,000List Price
Dec 6, 2023End Date
$370,000Sold Price

Sold

Dec 6, 2023List Date
$380,000List Price
  • Commute

Commute

Starting Address
Destination Address
1424 Tangora Ln, Fayetteville, NC

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