Opportunity awaits with this renovated duplex located at 5106 and 5104 Hodge St, Fayetteville, NC 28303. This duplex is actually two single-family properties that sit on separate lots but can be combined prior to closing, allowing for a single mortgage to purchase both. 5106 Hodge St: Fully renovated in 2024, this property features a new HVAC system, updated electrical, new plumbing, roof, and more. Currently rented at $950/month (below market rate) with a lease in place until June 2025. 5104 Hodge St: Also updated in 2024 with a new roof, exterior paint, stucco, ductwork repairs, and upgrades to the HVAC, including a new condenser fan and compressor. This property is rented on a month-to-month basis at $725/month, offering flexibility for potential rent adjustments. With renovations already completed and both homes rented below market rates, this is a fantastic investment opportunity. Don't miss out on the chance to own these two properties in a growing area.
MLS# | 100465952 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1941 |
Days On Site | 32 |
Listing Provided By | Keller Williams Pinehurst | Cody Norrod |
Bed(s) | 4 |
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Bath(s) | 2 |
N/A | 1,600 |
Basement | Y |
Story(s) | 1 |
Zoning | SF6 |
Acreage | 0.26 |
State | NC |
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County | Cumberland |
City | Fayetteville |
Zip Code | 28303 |
Area | Cumberland |
Community Name | Other |
School District | Terry Sanford High |
Elementary School | W.T. Brown |
Middle School | R. Max Abbott Middle |
High School | Terry Sanford High |
Listing VS Median (in Other) | |
Price: $199,900 low | high Med: $313,400 SqFt: 1,600 low | high Med: 1,728 $ / SqFt: $125 low | high Med: $182 On Site: 32 low | high Med: 138 |