101 W 5th Avenue Lexington, NC ^$ 699,000

101 W 5th Avenue

^$ 699,000

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101 W 5th Avenue

Lexington, NC, 27292

^$ 699,000

Studio Baths0.0

Monthly Estimate*

^$ 4,883

101 W 5th Avenue, Lexington, NC 27292 - Image 1

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Studio

Multi-Family Home for sale in Lexington, NC

for $699,000. This home was built in 1900 on a lot size of 0.4.

Are you searching for a lucrative investment property with strong rental potential and room for growth? Look no further than this spacious beauty! Prime Location that is Situated in a booming neighborhood with two homes. The first house boasts 5000 sq/ft with building plans consisting of four 2 Bedroom, 2 Bath apartments that needs reno completed. The other home has two 1 Bedroom, 1 Bath apartments that have been updated. This property boasts easy access to public transportation, schools, and major amenities. Its convenient location and access to the major thoroughfares makes it a winner!! Photograph coming this week

Multi-Family Active

Price

^$ 699,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,844

Style

Remarks

Lot Size

0.4

Year Built

1900

Town/City

Lexington

County/Region

Davidson

MLS | Web ID

1129634

Features

General

Sewer Public Sewer

Heating Heat Pump No Fuel

Cooling Heat Pump

Appliances Electric Water Heater

Pool Features None

Construction Materials Vinyl Siding Wood Siding

Year Built 1900

Property SubType Remarks

Property Type Residential Income

HOA / Comm Assn No

Pool Y/N No

Interior

Flooring Tile Vinyl

Laundry Features Washer/Dryer Connection

Heating Fuel No Fuel

Total Heated Finished SqFt Range 0 - 0

Water Heater Electric

Exterior

Parking Features Driveway

Water Source Public

Lot Dimensions 180 x 95 x 118 x 89

Lot Size Acres 0.4

Acres Range 0 - 0

* Excluded Features

List By

Matthew Menshew

Listing Agent

Exp Realty, Llc

Broker

mattmenshewexprealty@gmail.com

Affordability Calculator

$5,036

Per Month

Monthly Principal & Interest: $4,883
Monthly Property Taxes: $154
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lexington, NC

Average List Price ^$415,667

Percent of Sale Price 41%

About Lexington, NC

18,909 Population

-5% Since 2002

^$29,296 Median Income

38.67 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

584379 Elementary School

584626 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/9/2024	$500,000		Listed Price

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101 W 5th Avenue, Lexington, NC, 27292 is a Multi-Family Home for sale at $699,000 with a lot size of 0.4. 101 W 5th Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 27292 which is in Lexington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.

The information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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101 W 5th Avenue

Multi-Family Home for sale in Lexington, NC

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