$170,000
FOR SALE3913 Ellison Street, Hope Mills, NC 28348
Hope Mills, Nc, 28348
MLS #LP755586
Subdivision: Hope Mills
Building: -
- Beds
-/- Baths
- sqft
$ - /sqft
3913 & 3915 Ellison Street is a duplex featuring two 2-bedroom, 1-bath units, each offering a spacious kitchen and dedicated utility room. The property presents a strong upside opportunity for investors looking to add value through stabilization and rent optimization.Comparable duplexes with similar square footage and bedroom/bathroom counts have sold around $255,000, highlighting the potential equity opportunity. Market rents in the area support approximately $1,000 per unit, providing room for increased cash flow.Conveniently located just minutes from Hope Mills Lake, with close proximity to shopping, dining, and everyday amenities, this property benefits from a desirable rental location within a growing market.Ideal for investors seeking a value-add duplex with solid fundamentals and long-term upside.
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Listing Courtesy of: LPT REALTY LLC