About This Home
This 3-bedroom, 2-bathroom multi-family at 517 W Fifth St in Hope, AR is listed for $149,000 ($77 per sqft). Built in 1949, the home offers 1,938 sqft of living space on a 0.24 acres lot.
Key Features
- Built in 1949
- 0.24 acre lot
Property Details
Investor Opportunity in Hope, Arkansas! This property offers an excellent opportunity for investors looking to add an affordable single-family rental, renovation project, or value-add property to their portfolio. The home features a spacious layout with multiple living areas, a large kitchen, comfortable bedrooms, full bathroom, and a generous yard.
The property also includes a convenient driveway and detached/attached utility space. Located in Hope, a Southwest Arkansas community with an affordable housing market and established rental demand, this property provides multiple potential exit strategies-including long-term rental, renovation and resale, or owner-occupant resale.
The home will require some updating and cleanup, allowing an investor to improve the property and potentially increase its rental appeal and overall value. Sold as-is. Bring your vision and investment strategy-opportunities at this price point in the Hope market are worth a closer look. Schedule your showing today and evaluate the possibilities.
Monthly Cost Estimate
$797/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
517 W Fifth St
Hope, AR 71801
COLLEGE ADDN
Property Details
Flooring
Parking
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom multi-family at 517 W Fifth St is listed at $149,000 ($77/sqft). The estimated monthly payment is $796 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1949, 0.24 acre lot.
This property is listed by Jason Edington and can be reached at 8702101445.
