USANCFayettevilleBonnie Doone157 Old Shaw Rd

New

$999,000

For Sale

4 days ago

157 Old Shaw Rd, Fayetteville, NC

Name: 157 Old Shaw Rd, For Sale in Fayetteville - eXp Realty
Brand: TOWNSEND COMMERCIAL
SKU: LP765763
Price: 999000 USD

Condo

MLS® LP765763

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage

HOA Fees

Taxes

Days Active 4

Approx. Age

MLS® Number LP765763

Property Address: 157 Old Shaw Rd, Fayetteville, NC, 28303-3597

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

Description

157 Old Shaw Rd presents an excellent multifamily investment opportunity featuring a 10-unit apartment complex with strong in-place occupancy and consistent rental income. The property offers investors immediate cash flow with an average monthly rent of $871.06 per unit, providing both stable income and future upside potential through continued rental growth and operational efficiencies.The property has recently undergone extensive, high-value capital improvements designed to maximize efficiency, protect your margins, and attract premium tenants. Key modernizations include a comprehensive full plumbing overhaul and major electrical upgrades—complete with dedicated, newly added breaker boxes for every apartment. Inside the units, tenants enjoy an elevated living experience with brand-new kitchens and bathrooms, featuring all-new cabinetry, brand-new refrigerators, and modern stoves.This asset is well-positioned for investors seeking a professionally maintained multifamily property in a growing rental market. The unit mix and steady tenant demand make this an attractive addition to any investment portfolio, whether for a seasoned operator or first-time multifamily investor.The property represents a successful, completed value-add project. Since acquisition, ownership has implemented a comprehensive operational turnaround, rectifying previous management inefficiencies and optimizing the tenant base. The current list price reflects the property’s successful transition from an under-performing asset to a fully stabilized, high-yield investment.Financial information, including income and expense figures, has been provided by the property owner. Buyers are encouraged to conduct their own independent due diligence and verification of all financials and property information.Contact listing agent for additional details, rent roll, and financial package.

MLS® NumberLP765763

Locker

Ensuite Laundry

Balcony

Furnished

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Exterior

Garage

Approx. Age

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Included in Maintenance Fee

Heat

Hydro

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Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatBaseboard, Electric

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 10, 2026List Date

$999,000List Price

Commute

Commute

Starting Address

Destination Address

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