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.
| MLS # | 26037368 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1949 |
| Days On Site | 33 |
| Listing Provided By | Keller Williams Realty Hot Springs | Jason Edington |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,938 |
| Story(s) | 1 |
| Acreage | 0.24 |
| Heat & Air | Central Cool-Electric, Central Heat-Electric |
|---|
| Exterior | Vinyl Siding |
|---|---|
| Roof | Tar/Gravel |
| Foundation | Slab |
| Utilities | Sewer-Public, Water-Public, Elec-Municipal (+Entergy) |
|---|
| Property | 723 |
|---|
| State | AR |
|---|---|
| County | Hempstead |
| City | Hope |
| Zip Code | 71801 |
| Area | HEMPSTEAD COUNTY |
| Subarea | HEMPSTEAD COUNTY |
| Community Name | COLLEGE ADDN |
| Listing VS Median (in COLLEGE ADDN) | |
Price: $149,000 low | high Med: $110,000 sqft: 1,938 low | high Med: 928 $ / sqft: $77 low | high Med: $119 On site: 33 low | high Med: 44 | |
| State | AR |
|---|---|
| County | Hempstead |
| City | Hope |
| Zip Code | 71801 |
| Area | HEMPSTEAD COUNTY |
| Subarea | HEMPSTEAD COUNTY |
| Community Name | COLLEGE ADDN |
| Listing VS Median (in COLLEGE ADDN) | |
Price: $149,000 low | high Med: $110,000 sqft: 1,938 low | high Med: 928 $ / sqft: $77 low | high Med: $119 On site: 33 low | high Med: 44 | |