$140,000
$170,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
559 Cimarron DR Fayetteville, NC 28303
3 Beds
3 Baths
1,711 SqFt
Key Details
Sold Price $140,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,711 sqft
Price per Sqft $81
Subdivision Ponderosa
MLS Listing ID 760337
Sold Date 07/30/26
Style Split Level
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1967
Lot Size 0.560 Acres
Acres 0.56
Property Sub-Type Single Family Residence
Property Description
Investor Opportunity – Cash-Flowing Property with Established Tenant. This 3-bedroom, 2.5-bath home presents an excellent opportunity for investors seeking immediate and reliable rental income. The property is currently occupied by a long-term tenant of 15 years, providing stability and peace of mind. The tenant is on a month-to-month lease and currently pays $1,315 per month, offering flexibility for future rent adjustments while maintaining consistent cash flow from day one. This home is ideal for investors looking for a turnkey rental property with proven occupancy and minimal transition risk. The established tenancy reflects strong rental desirability in the area, making this a solid addition to any portfolio.
Location
State NC
County Cumberland
Rooms
Basement Crawl Space
Interior
Heating Central
Flooring Carpet, Hardwood, Laminate, Tile
Fireplaces Type None
Fireplace No
Exterior
Parking Features Attached, Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Building
Entry Level Multi/Split
Sewer Public Sewer
Water Public
Architectural Style Split Level
Level or Stories Multi/Split
New Construction No
Schools
Middle Schools Westover Middle School
High Schools Westover Senior High
Others
Tax ID 0408-87-3997
Ownership More than a year
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with NORTHGROUP REAL ESTATE






