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About This Home
This 0-bedroom, 0-bathroom residential multi family at 3913 Ellison Street in Hope Mills, NC is listed for $170,000. Built in 1910, on a N/A lot.
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.
Key Features
- Built in 1910
Property Details
Monthly Cost Estimate
$909/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3913 Ellison Street
Hope Mills, NC 28348
HOPE MILLS
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Pool Features
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 3913 Ellison Street is listed at $170,000. The estimated monthly payment is $737 based on 20% down at 6.5% interest.
Key features include: Built in 1910. Interior Features: CeilingFans, EatInKitchen, SeparateFormalLivingRoom. Exterior Features: Deck.
This property is listed by PATRICK WHITE and can be reached at 9125801281 or patrick@whitehouseinvestmentgroup.com.
