210 Colonial Dr, Fayetteville, NC 28301
- $1,650,000
- 36
- BD
- 21
- BA
- 14,000
- SqFt
Seller Representative Highgarden Real Estate NC
- List Price
- $1,650,000
- Status
- ACTIVE
- Days on Market
- 31
- MLS#
- 10186622
- Subtype
- Residential Income
- Year Built
- 1970
- Bedrooms
- 36
- Bathrooms
- 21
- Full Baths
- 21
- Living Area
- 14,000
- Lot Size
- 74,052
- Acres
- 1.70
- Subdivision
- Not In A Subdivision
Property Description
24-Unit Multifamily Investment Opportunity | Fayetteville, NC Exceptional 24-unit colonial-style multifamily portfolio offering strong, turnkey cash flow with immediate value-add potential. Comprising two adjacent parcels being sold together, this property features an optimal unit mix of 12 one-bedroom and 12 two-bedroom floor plans. Investment Highlights Extensively Remodeled: 22 of the 24 units have been fully renovated, providing a turnkey operational foundation. Immediate Value-Add Upside: Only two units (#15 and #16) remain in original condition, ready for modern updates upon vacancy to maximize rent rolls. Strong, Consistent Cash Flow: Units currently generate steady income renting at approximately $789 per unit. Unit Mix: Balanced distribution (12 one-bedroom / 12 two-bedroom units) catering to broad market demand. Strategic Location: Desirable Fayetteville, NC location near major employers, retail, and transit. The colonial property has a new roof August 2026! There are 2 vacant units that can be viewed. Over $300,000 in renovations were done in past couple years!
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Additional Information
- Interior Features
- Ceiling Fans, Laminate Counters, Open Floor Plan
- Taxes
- $489
- Zoning
- MR5
- Flooring
- Concrete, Laminate, Vinyl
- Appliances
- Electric Range, Electric Range, Refrigerator, Range, Range, Refrigerator, Range Hood
- Heating
- None
- Air Conditioning
- Central Air, Ceiling Fan(s), Electric
- Levels
- Three Or More
- Roof
- Architectural
- Foundation
- Slab
- Parking Features
- Asphalt, Open, Parking Lot, Unassigned
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .