Pending

817 Ridge Road

Fayetteville NC, 28311

$2,550,000


Pending

Multi-family

Built in 1974

This exceptional 32-unit complex spans 4.42 acres and consists of eight quadplexes, offering a mix of 8 two-bedroom, one-and-a-half-bath units and 24 two-bedroom, one-bath units. With 13 units renovated by the current owner and 19 updated by the previous owner, this property boasts modern upgrades, including all roofs replaced within the last 5 years.

Strategically located near Fort Liberty, the largest Army installation in the country, the property benefits from a robust tenant pool. Fort Liberty supports 53,000 active-duty troops, 14,000 civilian employees, 6,000 contractors, and nearly 70,000 active-duty family members.

This complex is also conveniently situated near Ramsey Street, providing easy access to retail stores, restaurants, and daily conveniences. Proximity to 295 ensures seamless commutes throughout Fayetteville, a city experiencing a growing population, enhanced infrastructure, and a thriving local economy.

737479

MLS ID

January 15, 2025

Listed

February 21, 2025

Updated

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

No

Exterior/Building Features

Sewer

Public Sewer

Other Property Details

Days on Market

29


Garage

No


View

No


County

Cumberland


Water Source

Public


Pool

No

Listing History

Date

Event

Price

2/13/2025

Pending

2/6/2025

Price change

$2,550,000

-4%

 

Courtesy of ONNIT REALTY GROUP

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Mary Griffin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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