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Listed by WHITE HOUSE INVESTMENT GROUP
$189,999
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Hope Mills
MLS Listing ID LP755586
Year Built 1910
Property Sub-Type Duplex
Source Triangle MLS
Property Description
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.
Location
State NC
County Cumberland
Zoning R6 - Residential District
Direction Use GPS
Interior
Interior Features Ceiling Fan(s)
Exterior
Utilities Available Natural Gas Not Available
View Y/N Yes
Porch Deck
Private Pool No
Building
Faces Use GPS
Others
Senior Community No
Tax ID 0414548115.000
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Samantha Hall
Broker in Charge | License ID: 294458
Broker in Charge License ID: 294458



