Description
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.
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4BEDS
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0.26ACRES
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2BATHS
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01/2 BATHS
School Ratings & Info
Description
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.
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