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$80,000
769061 MLS
Great opportunity for investors, builders, or buyers looking to create a new home or pursue a small multifamily project. The property sits on approximately 0.30 acres and is being offered primarily for its land and redevelopment potential. The existing small house has been involved in a fire and is believed to be non-salvageable. The mostly cleared lot has access to city water and city sewer, providing an excellent foundation for a new construction project. The property is zoned MR5, offering flexibility for development from a single-family residence up to a potential quadplex, making this an attractive opportunity for both residential builders and investors. Conveniently located with easy access to Fayetteville, this property offers a great combination of location, utilities, and development potential. Buyer should perform their own due diligence regarding building and zoning requirements.

1030 Southern Avenue, Fayetteville

$80,000
2 Beds 1 Baths 769060 MLS
Great opportunity for investors, builders, or buyers looking to create a new home or pursue a small multifamily project. The property sits on approximately 0.30 acres and is being offered primarily for its land and redevelopment potential. The existing small house has been involved in a fire and is believed to be non-salvageable. The mostly cleared lot has access to city water and city sewer, providing an excellent foundation for a new construction project. The property is zoned MR5, offering flexibility for development from a single-family residence up to a potential quadplex, making this an attractive opportunity for both residential builders and investors. Conveniently located with easy access to Fayetteville, this property offers a great combination of location, utilities, and development potential. Buyer should perform their own due diligence regarding building and zoning requirements.

1030 Southern Avenue, Fayetteville

$175,000
761742 MLS
*LAND FOR APARTMENTS/MULTI-FAMILIES/TOWNHOUSES* MOTIVATED SELLER! CALLING ALL INVESTORS! Excellent opportunity to develop approximately 2.2 acres in the heart of Fayetteville, zoned MR-5 and well-positioned for much-needed housing options. The zoning allows townhomes, multifamily, and apartment-style development, making this property especially attractive for rental or attainable housing projects. A conceptual engineered layout for 16 townhomes has already been shared with the City of Fayetteville and received positive preliminary feedback from the Zoning Administrator, with only minor adjustments noted. The seller has also prepared a separate conceptual plan for a 30-unit apartment development featuring smaller 2-bedroom, 2-bath units. The City has indicated the property may accommodate up to 40 units, subject to all applicable reviews and approvals. Supporting documents and conceptual plans are available upon request. A cleared path allows buyers to easily walk the property, and public utilities are available at the road. Conveniently located approximately 1.4 miles from downtown Fayetteville, 3.8 miles from Fayetteville Regional Airport, 2.7 miles from Walmart and major retail, with easy access to I-87. Buyer to verify zoning, soils, permitting, subdivision potential, and intended use. Hablo español.

00 Southern Avenue, Fayetteville