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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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35523560 3552 & 3560 Tart St , Fayetteville, NC 28306
$460,000
Est. Payment: $2,585.22/mo
6 Bed
4 Bath
2250 Sqft
Status: active | Days on site: 15
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Terri Bias
Operator/Brokerage Owner

House Description

Income-producing investment portfolio consisting of two properties across three parcels with six current month-to-month rental agreements. The four-bedroom residence at 3560 Tart Street is rented by the room at $800, $600, $400 and $500 per month. The duplex at 3552 Tart Street is occupied at $325 per week per side. Based on the current rent schedule, the portfolio generates approximately $61,400 in annual gross income, averaging approximately $5,117 per month. The seller reports net operating income of approximately $3,500 per month, or $42,000 annually, after operating expenses. Based on the new $499,000 asking price, the property offers an estimated 8.4% cap rate. The month-to-month agreements provide flexibility and may be converted to long-term leases by agreement with the occupants. This corner-lot assemblage also includes an additional vacant parcel that may offer future development potential, subject to zoning, permitting and governmental approvals. Excellent opportunity for immediate income with room for future growth. Buyer to independently verify all income, expenses, leases, square footage and development potential.

Highlights

Listed by NICHOLAS EIBERGER , ONNIT REALTY GROUP , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Year Built

1955

County

Cumberland

Listing ID

768714

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Floor:Luxury Vinyl
Water:Well

Exterior Features

Principal Interest
$2,585
Taxes
$293

Home Price

$460,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$92,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,585.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,585.22 $293.25 $0.00 $2,878.47
Yearly $31,022.59 $3,519.00 $0.00 $34,541.59
Total $930,677.63 $105,570.00 $0.00 $1,036,247.63

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Fayetteville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-10-14T15:51:28.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina