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Listed price in listed location currency (USD).
$359,000

000

MLS® 760759

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 20
Approx. Age 
MLS® Number 760759

Property Address: 560 W Manchester Rd, Spring Lake, NC, 28390-2312

Average square foot calculated using Size range provided by listing agent.

Description

Positioned within the expanding Spring Lake and Fort Liberty growth corridor, this rare residential investment opportunity consists of four individual single-family homes situated across approximately 4.80± acres with direct road frontage and an established residential footprint in one of Cumberland County’s evolving housing markets. Unlike traditional multifamily assets, the property offers the flexibility and privacy of detached residential homes while preserving future adaptability and long-term upside potential. The combination of existing cash flow, land scale, and surrounding development activity creates a compelling opportunity for investors seeking both immediate income and strategic positioning within a market supported by continued population growth, infrastructure expansion, and strong housing demand driven in part by proximity to Fort Liberty. The property currently operates under legacy non-conforming zoning characteristics, creating a unique opportunity for purchasers with land planning, entitlement, redevelopment, or infill development vision to evaluate potential future site refinement and density enhancement strategies through proper planning, engineering, and municipal approval processes. While seller makes no representations or guarantees regarding rezoning, density increases, subdivision, or future entitlements, the overall parcel size, existing residential footprint, and surrounding development trends may support additional long-term upside potential for qualified buyers pursuing strategic redevelopment concepts. Existing rents appear to present future upside potential relative to evolving market conditions, further supporting value-add or long-term hold strategies. Some capital improvements have already been completed, and ownership may consider additional roof improvements with an acceptable offer prior to closing. Property features a combination of public sewer and septic systems and is located within a military-influenced corridor with controlled/restricted airspace due to proximity to Fort Liberty. The Spring Lake market continues to experience ongoing residential growth and increased investor interest, making opportunities with both existing residential income and future land flexibility increasingly limited. Buyer to independently verify all zoning, land use, utility access, infrastructure, rental projections, financing options, development potential, airspace restrictions, and permitted uses. Property sold as-is. No trash service fee; included within property taxes.
MLS® Number760759
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 15, 2026List Date
$359,000List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 15, 2026List Date
$359,000List Price
  • Commute

Commute

Starting Address
Destination Address
560 W Manchester Rd, Spring Lake, NC

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