4511 Hopson Road

Morrisville, NC 27560

About this property

Investors! Own a lot in the heart of the Triangle! This rare opportunity is represented by a spacious 0.692 acres + 1631 sqft home in a mixed-use neighborhood in NW Morrisville/S Durham, just outside of the 540 beltline and a short drive from many corporate campuses. Keep it as a rental and develop it later, or leverage its full potential now. It's up to you. The property is surrounded by residential, commercial, townhome, and apartment properties. This is an investment with endless possibilities. Zoned RR (Rural Residential) with a Future Land Use designation of Medium-High Density Residential (8-20 units/acre). The existing home is a simple and sturdy block site-built that needs some cosmetic repair, and eventually, a new roof. It features four bedrooms, 1 bath, and a 2-car garage, all on a slab foundation. The acreage is mostly cleared surrounded by trees rendering it relatively secluded overall with the backyard nearly private. Note: The owner of 4511 plans to place the neighboring, and very similar, property (4503 Hopson) on the market soon (target date: early June).

Features and Additional Information

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$525,000 Active
4 Beds
1
Bath
1,631 SQFT

Presented By Be Home Realty

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Get in touch today! Phone: 1-919-307-9808
Brokerage
Navigate Realty
1-910-707-4321
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Area Information

Durham | Durham County | Not in a Subdivision

$ 525,000
This listing is play_arrow 18.2% higher than the average in the area
$ 444,350 in the area
1,631 SqFt
This listing is play_arrow 14.5% larger than the average in the area
1,424 SqFt in the area
$ 322 $/SqFt
This listing is play_arrow 2.9% more than the average in the area
$ 313 $/SqFt in the area
7 days on site
This listing is play_arrow 87.3% below the average in the area
55 days on site in the area

Schools in the Area

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    Elementary School
    Durham - Bethesda
  • turned_in
    Middle School
    Durham - Lowes Grove
  • turned_in
    High School
    Durham - Hillside
Listed By Todd Andrew Warner
Brokerage: Navigate Realty

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