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$310,000
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Property Description
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 lease119 Underwood: Lease expires in April 2026Unit Features: 2 bedrooms, 2.5 bathrooms (each side, 1296 sqft) Open floor kitchen - Living room - Fenced backyardShowing 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.
Full Property Details
Full Property Details for 117 and 119 Underwood St
General
- Sold For: $310,000
- Status: Closed
- Type: Duplex
- Source: 2218
- MLS ID: LP751230
- Added to Site: 108 day(s) ago
Interior
- Flooring: Carpet, Laminate, Vinyl
Rooms
Other Rooms
- Laundry: Inside, Main Level
Exterior
- Porch/Patio/Deck: Covered
Location
- County: Cumberland
Heating & Cooling
- Air Conditioning: Yes
- Heating Type: Heat Pump
Utilities
- Utility Description: Natural Gas Not Available
Structural Information
- Building Size: 2642
- Square Feet: 2,642
- Year Built: 2021
Lot Features
- Street/Road Desc.: Paved
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 437689059
Listed by Ace Real Estate, AMY REYNOLDS (910) 229-9444
Sold by Stroemer Realty Inc., Michael Camesano
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Schools
Schools serving 117 and 119 Underwood St
School District:Cumberland County Schools
| Name | Grades | Distance |
|---|---|---|
R Max Abbott Middle 590 Winding Creek Road, Fayetteville, NC 28305 | 6-8 | 2.8 mi |
Terry Sanford High 2301 Fort Bragg Road, Fayetteville, NC 28303 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 117 and 119 Underwood St
Date
Details
Price
Change
Source
11/28/2025
Sold
$310,000
-2.82%
MLS
10/02/2025
Listed
$319,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
117 and 119 Underwood Street, Fayetteville, NC 28301 (MLS# LP751230) is a Duplex property that was sold at $310,000 on November 28, 2025. Want to learn more about 117 and 119 Underwood Street? Do you have questions about finding other Duplex real estate for sale in Fayetteville? You can browse all Fayetteville real estate or contact a Coldwell Banker agent to request more information.

