1. North Carolina
  2. Lexington
  3. 101 5th Avenue
$470,000

101 5th Avenue, Lexington, NC 27292

  • 4,985 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon1.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $94/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Incredible Investment Opportunity Near Downtown Lexington – Duplex + Multi-Unit Potential! Unlock the potential of this unique investment property located just minutes from the heart of downtown Lexington! This rare find includes a fully-rented duplex, 1 bed and 1 bath each side, on m-t-m leases, providing immediate cash flow of $1700 a month! In addition to a second structure with the space and layout potential for up to four separate units, each with 3 beds, the plans for which have already been drawn up and included in the listing, just ready for your vision and finishing touches.

Listing Status:
Active
Listing Office:
Mark Spain Real Estate : 855-299-7653
Listing Agent:
James Kirchner : 828-768-5763
MLS ID:
1178603
  • Appliances: Electric Water Heater
  • Basement: UnfinishedCellarCrawl Space
  • A/C: None
  • Heating: NoneElectric
  • Fireplace: DenLiving RoomPrimary BedroomFireplaces: 5

This listing courtesy of James Kirchner, Mark Spain Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Charles England Elementary School

111 Cornelia St, Lexington, NC, 27292

Grades 1-5

1.15 miles away

L

Lexington Middle School

100 W Hemstead St, Lexington, NC, 27292

Grades 6-8

1.16 miles away

L

Lexington Senior High School

26 Penry St, Lexington, NC, 27292

Grades 9-12

1.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.