👕🏠 Own an Entire Cul-De-Sac 👕🏠 1000-1009 Madiera Ct 👕🏠 Assigned

  • $520,000
  • 2 beds
  • 2 baths
  • 950 sqft

👕🏠Own a Little Kingdom or Cul-De-Sac👕🏠

8 Units

4 Duplexes

Units are 2 Bed/2 Bath

Units are 950 sqft

Current Gross Rent is $5,545

Potential Gross Rent is $6,600


Below is the current rent and lease status:

  • 1000 Madiera Ct.-$725 Tenant is on a month to month lease.
  • 1002 Madiera Ct.-$725 tenant has been there about 13 month and is on a month to month lease.


  • 1001 Madiera Ct.-$595 tenant has been there 12 years and is on a month to month lease. This is the only unit that hasn’t been turned in the last 3 years.
  • 1003 Madiera Ct.-$700 month to month lease.


  • 1008 Madiera Ct.-$675 Section 8 tenant. Tenant pays $200 of the rent.
  • 1006 Madiera Ct.-$700 tenant has been there for 14-15 months. Currently on month to month lease.


  • 1007 Madiera Ct.-$750 Tenant has been there 10 months. Lease expires in 2 months.
  • 1009 Madiera Ct.- $675 Section 8 tenant. Tenant pays $78 of the rent.


  • All windows have been updated.
  • HVAC and roofs are 10 years old on average.
  • Each unit is on a separate parcel. 
  • Units are separately metered.
  • Only 3 leases in place. Most leases have been misplaced.
  • Seller will ensure end buyer gets security deposits.
  • **No major rehab needed.**
  • All units have a privacy fence.
  • Seller does not have financials/T-12.
  • All units have a dishwasher.
  • City water and city sewer.

*BUY IT NOW AT $525,000* to avoid competing offers (the first to sign an assignment contract at this price gets the deal).

  • A $10,000 non-refundable deposit is due within 24 hours of an executed assignment contract.
  • Agents, please add your commission to the asking price.
  • Cash, hard money, and quick close offers are best but will consider going through the loan process.
  • Make an offer. 😀
  • Buyers willing to close sight unseen get priority.

These properties are currently occupied, please do not disturb tenants. Call/text to schedule a showing. Do not go to the property without an appointment.

1000-1009 Madiera Ct.
Fayetteville, NC 28311
Square Feet:
Lot Size:
0.17 acres
Assignment of Contract
Property Type:
Const. Type:

Call (910) 506-5299 for more details

Property Location