Turnkey investment opportunity featuring TWO detached single-family homes on one parcel with stable tenants already in place and immediate cash flow from day one! Currently generating $1,850/month in rental income with lease coverage extending into 2027, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-producing asset. Professionally managed, the property has been consistently maintained and features extensive updates already completed between both homes, including newer roofs, heat pumps, windows, plumbing, electrical updates, remodeled bathrooms, LVP flooring, appliances, and more ??? significantly reducing near-term capital expenditure concerns. 405 Andy features major 2023 system upgrades including roof, HVAC, water heater, plumbing, electrical, and windows, along with a fully remodeled bathroom and LVP flooring completed in 2025. 407 Andy has also undergone substantial improvements including roof, HVAC, windows, front door replacement, remodeled bathroom, kitchen repairs, and new LVP flooring installed in 2026. Properties like this are hard to find in this price range ??? two detached homes, updated major systems, tenant occupancy already in place, and immediate income potential all in one package. Conveniently located in Fayetteville near Fort Liberty, shopping, dining, and major commuter routes. Photos are from just prior to current tenant occupancy in 2026.
Listed By
Agency Name: EXP REALTY LLC
Agency Phone: 888-584-9431
Shown By
Agent Name: Vance Townsend
Agent Phone: (910) 489-9300
Agency Title: Townsend Real Estate
Estimated Payment
$ 478.02 per month $422.64 Principal & Interest $0.00 Property Tax (data not provided by mls) $55.39 Homeowner's Insurance
405 & 407 Andy Street | MLS# 762563
This single family home located at 405 & 407 Andy Street, Fayetteville, NC 28303 is currently listed for sale with an asking price of $189,900. This property was built in 1952 and has 4 bedrooms and 2 full baths with 1276 sq. ft. & 407 Andy Street is located in the BONNIE DOONE subdivision. Search BONNIE DOONE real estate on vtownsend.townsendrealestate.com today.