Sold for $428,000

$428,000

1806 Morganton Rd, Fayetteville, NC 28305

--beds

0baths

2,762sqft

Triplex, Multi Family

Built in 1928

-- sqft lot

$421,100 Zestimate^®

$155/sqft

$1,248 Estimated rent

Home value

$421,100

$379,000 - $467,000

$1,248/mo

Zestimate^® history

Owner options

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$1,248/mo

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$1,248/mo

Rent Zestimate^®

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$2,652/mo

Est. payment

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$2,652/mo

Est. payment

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What's special

Exceptional investment opportunity located in the heart of historic Haymount. Over $150,000 of renovations and upgrades have been poured into 1806 Morganton Road to make this a turnkey, low maintenance property with a high tenant satisfaction rate with active leased units. This property is currently operating as an established, lucrative airbnb with the potential to convert to long term rental units. Currently monthly rent roll reflects an annual gross revenue of $66k. Individually metered units, 8 large parking spaces and almost 9,400 square-feet lot of prime real estate. Don't miss out on this lucrative opportunity to own a piece of prime real estate with immense potential. Active Airbnb, no showings without an accepted offer as to not interfere with the strong reputation of the units. Additional features and airbnb links complete with lease dates can be found in transaction docs.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Central

Cooling

Central Air, Electric

Features

Attic, Built-in Features, Bathtub, Ceiling Fan(s), Crown Molding, Entrance Foyer, Eat-in Kitchen, High Speed Internet, Kitchen/Dining Combo, Living/Dining Room, Other, See Remarks, Window Treatments
Flooring: Hardwood, Luxury Vinyl Plank, Vinyl
Windows: Blinds, Window Treatments

Interior area

Total interior livable area: 2,762 sqft

Property

Details

Parcel number: 0427762527.000
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Tudor
Property subtype: Triplex, Multi Family

Materials

Brick, Wood Frame

Condition

Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Haymount

Location

Region: Fayetteville

Financial & listing details

Price per square foot: $155/sqft
Tax assessed value: $406,900
Annual tax amount: $5,158
Date on market: 7/15/2024
Cumulative days on market: 4 days
Listing terms: New Loan
Ownership: More than a year

Price history

Date	Event	Price
10/1/2024	Sold	$428,000+0.7%$155/sqft
Source: LPRMLS #728928 Report a problem
7/23/2024	Pending sale	$425,000$154/sqft
Source: LPRMLS #728928 Report a problem
7/22/2024	Listed for sale	$425,000$154/sqft
Source: LPRMLS #728928 Report a problem
7/19/2024	Pending sale	$425,000$154/sqft
Source: LPRMLS #728928 Report a problem
7/15/2024	Listed for sale	$425,000+183.3%$154/sqft
Source: LPRMLS #728928 Report a problem
4/1/2021	Sold	$150,000$54/sqft
Source: Public Record Report a problem
3/3/2016	Listing removed	$495
Source: PASCHAL APPRAISALS, INC. #460350 Report a problem
2/2/2016	Listed for rent	$495
Source: PASCHAL APPRAISALS, INC. #460350 Report a problem
5/21/2015	Listing removed	$495
Source: PASCHAL APPRAISALS, INC. #442569 Report a problem
4/18/2015	Price change	$495-12.4%
Source: PASCHAL APPRAISALS, INC. #442569 Report a problem
4/9/2015	Price change	$565-18.7%
Source: PASCHAL APPRAISALS, INC. #442569 Report a problem
3/28/2015	Listed for rent	$695
Source: PASCHAL APPRAISALS, INC. #442569 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,158 +51.1%	$406,900 +165.1%
2024	$3,415 +6.7%	$153,500
2023	$3,201 +10.1%	$153,500
2022	$2,908	$153,500
2021	$2,908	$153,500 -6.5%
2020	--	$164,130 +6.9%
2019	$2,803	$153,500
2018	$2,803	$153,500
2017	$2,803 +32.2%	$153,500 +5.7%
2016	$2,121 +0.9%	$145,200
2015	$2,101 +0.7%	$145,200
2014	$2,086 +0.9%	$145,200
2013	$2,067	$145,200
2012	$2,067	$145,200
2011	$2,067	$145,200
2010	--	$145,200
2009	--	$145,200 +30.6%
2008	--	$111,200
2007	--	$111,200
2006	--	$111,200
2005	--	--
2004	--	$111,200
2003	--	$111,200 +23.6%
2002	--	$90,000
2001	--	$90,000