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Buy a propertyat 101 W 5th Avenue, Lexington, NC 27292

$450,000

$0/mo

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Residential

5,065 Sq. Ft.

17,424 Sq. Ft. lot

10 Bedrooms

10 Bathrooms

310 Days on market

1111040 MLS ID

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About 101 W 5th Avenue property

Great opportunity to purchase an investment property and make money on the rehab. Main house is just over 5000 square feet. Engineering plans already done for four 2 Bedroom, 2 Bath apartments. Each has a generous primary bedroom and living areas. Rehab has already been started including all of the foundation work. Materials in the house will go along with the sale. Second building has two 1 Bedroom, 1 Bath apartments that have already been updated. They bring in $900 per month each. 2 Bedroom, 2 Bath apartments in main house estimated to get approximately $1300 each. Also listed as a multi-family finished product in MLS listing 1111046.
Great opportunity to purchase an investment property and make money on the rehab. Main house is just over 5000 square feet. Engineering plans already done for four 2 Bedroom, 2 Bath apartments. Each has a generous primary bedroom and living areas. Rehab has already been started including all of the foundation work. Materials in the house will go along with the sale. Second building has two 1 Bedroom, 1 Bath apartments that have already been updated. They bring in $900 per month each. 2 Bedroom, 2 Bath apartments in main house estimated to get approximately $1300 each. Also listed as a multi-family finished product in MLS listing 1111046.

Property details

Appliances and Equipment

Appliances: "Water Heater: Electric"

Bathrooms

10 full bathrooms

10 total bathrooms

Bedrooms

10 bedrooms

House

Construction Materials: "Vinyl Siding", "Wood Siding"

Living Area: 5065

Structure Type: "House"

Year Built: 1900

Cooling

Cooling: "Heat Pump"

Floors

Flooring: "Tile", "Vinyl Plank"

Foundation

Foundation Details: "Crawl Space"

Heating

Heating: "Heat Pump", "No Fuel"

Listing

Days On Market: 3

Current Price by Sq.Ft Ratio: $89

Location

Subdivision Name: None

Lot

Lot Features: "Corner Lot", "Flat"

Lot Size Acres: 0.4

Lot Size Dimensions: 180x95x223x10x99

Lot Size Square Feet: 0

Parking

Parking Features: "Gravel", "No Garage"

Pool

Pool Features: "None"

Property

Property Sub Type: Stick/Site Built

Schools

High School: Lexington City

Middle Or Junior School: Lexington City

Elementary School: Southwest

Sewer

Sewer: "Public"

Taxes

Tax Annual Amount: 1844

Utilities

Water Source: "Public"

Monthly cost

Estimated monthly cost

$2,898/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$423,000

+$13,500

$436,500

Seller agent commission$13,500 (3%)*

$0 (0%)

Buyer agent commission$13,500 (3%)*

$13,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $13,500 more selling your home
with an Unreal Estate agent

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State

  • Land for sale in North Carolina
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  • Real Estate for Sale in North Carolina

Unreal Estate checked: May 13, 2024 at 2:11 p.m.

Data updated: Jul 10, 2023 at 1:53 p.m.

Courtesy of Exp Realty Llc.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 Triad MLS, Inc. of North Carolina. All Rights Reserved.

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