Eureka Sprg Homes with Utility Room Interior features

Welcome to Eureka Springs, a charming subdivision nestled in the heart of Fayetteville, North Carolina. This delightful community is known for its inviting atmosphere, well-maintained homes, and a strong sense of neighborly camaraderie. With its lush landscapes and tree-lined streets, Eureka Springs offers residents a tranquil retreat while still being conveniently located near the vibrant amenities of Fayetteville.

One of the standout features of homes in Eureka Springs is the inclusion of utility rooms, a practical and functional element that enhances daily living. These dedicated spaces provide ample room for laundry, storage, and organization, making household chores a breeze. Imagine having a designated area where you can sort, wash, and fold your laundry, all while keeping your living spaces clutter-free. The utility room is a true gem that adds both convenience and value to your home.

Eureka Springs is not just about beautiful homes; it’s also about a lifestyle. Residents enjoy easy access to local parks, shopping centers, and dining options, all within a short drive. The community is known for its friendly atmosphere, where neighbors become friends and gatherings are common. Whether you’re a first-time homebuyer or looking to settle down in a peaceful community, Eureka Springs has something to offer everyone.

Explore the charm of Eureka Springs and discover your dream home today! With its appealing homes featuring utility rooms and a welcoming community, you’ll find the perfect place to create lasting memories. Come experience the joy of living in this wonderful Fayetteville neighborhood!

Newest Eureka Sprg Homes with Utility Room Interior features

$185,000

763808 MLS

1733/1737 Cumberland Drive presents an excellent opportunity to acquire a well-positioned duplex in a highly convenient Fayetteville location. The property consists of two 2-bedroom, 1-bathroom units, each offering approximately 714 square feet of living space. With one unit currently vacant and the other occupied, buyers have the flexibility to immediately place a tenant, owner-occupy one side while collecting rental income, or reposition the asset to maximize returns. Conveniently located just outside Honeycutt Gate and off McArthur Road, the property offers quick access to Fort Bragg, Downtown Fayetteville, Ramsey Street, and I-295, making it an attractive option for tenants seeking accessibility throughout the area. Whether you're a first-time investor looking to enter the multifamily space or a seasoned investor expanding your portfolio, this duplex offers strong upside potential. Based on projected rents of $1,000 per unit, 20% down financing, and an estimated 18% expense ratio (including maintenance, vacancy, and property management), the property is projected to generate approximately $327 per month in net cash flow, or $3,929 annually, equating to an estimated 10% cash-on-cash return. With opportunities to increase rents and build long-term wealth through appreciation and loan paydown, this asset offers a compelling investment profile. Schedule your showing today and explore the potential this investment property has to offer. Financial projections are based on current market conditions and broker analysis. Actual results may vary based on financing terms, operating expenses, management practices, vacancy, and tenant turnover.

1733/1737 Cumberland Drive, Fayetteville

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