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117 and 119 Underwood Street, 
Fayetteville, NC 28301

$319,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Amy Reynolds

Ace Real Estate

910-779-1992

Last updated:

October 5, 2025, 03:22 PM

MLS#

751230

Source:

NC FRAR

About This Home

117 and 119 Underwood Street

This stunning, new construction duplex built in 2021 offers a unique opportunity for savvy investors to generate significant positive cash flow. With two separate units, each renting for $1,285 (with potential for higher rent), this property is a goldmine for those looking to maximize their investment returns. Key Features: New Construction: Built in 2021, this duplex boasts modern amenities and sleek design. Positive Cash Flow: With heavy positive cash flow, this property is a smart investment for those looking to generate passive income. Rental Income Potential: Each unit currently rents for $1,285, with potential for higher rent, providing a significant source of income. Well Maintained: This property has been very well taken care of, ensuring a smooth transition for new owners. Lease Details: 117 Underwood: Month-to-month lease 119 Underwood: Lease expires in April 2026 Unit Features: 2 bedrooms, 2.5 bathrooms (each side, 1296 sqft) Open floor kitchen - Living room - Fenced backyard Showing and Inspection: Showings and inspections can be arranged after going under contract and during the due diligence period. Please respect tenants' space and only schedule showings during this time. Serious Inquiries Only: If you're a serious investor looking for a turnkey opportunity, we'd love to hear from you. NOTE: Please don't bother tenants- units will be available for inspections and viewing once offer is accepted. Don't miss out on this exceptional investment opportunity! Contact us today to schedule a showing and take the first step towards building your investment portfolio. Pics are from when we took over the property for property mgmt before securing tenants.

Home Facts

Multi-Family

Built in 2021

Price Summary

319,000

MLS #:

751230

Last Updated:

October 5, 2025, 03:22 PM

Added:

7 day(s) ago


Structure

Structure

Year Built:

2021


Finances & Disclosures

Finances

Price:

$319,000

Source:NC FRAR
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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.