227 5th Avenue Lexington, NC $ 225,000
227 5th Avenue
$ 225,000
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227 5th Avenue

Lexington, NC, 27292
$ 225,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,572

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Single Family Home for sale in Lexington, NC

for $225,000 with 6 bedrooms and 2 full baths. This home was built in 1898 on a lot size of 0.2669.

CREATIVE FINANCING opportunity! Can you afford 1100-1500 per month?? Look no further. Welcome to this expansive 2400+ Sq Ft, 6-bedroom, 2-bath home located at 227 W 5th Street in Lexington, NC. Offering a unique seller financing option, potential buyers can enjoy terms of 5-20% down with an interest rate between 5-10%, refinance within 3-5 years. While the home currently lacks HVAC, installation is required before the balloon payment, ensuring future comfort. This massive property has received a series of updates including a new roof and fresh paint. Its large, flat lot and ample parking space add to its appeal. Inside, find two modernized bathrooms and rooms brimming with potential. An extra structure on the property presents a rare opportunity for those looking to open a convenient store or explore other business ventures. Don't miss out on this versatile offering! Permits were not pulled for renovations. Buyer will need to work with city to inspect and activate utilities.

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Single Family Pending

Price

$ 225,000

Bedrooms

6

Full Bath

2

Property Type

Single Family

Taxes

$ 1,234

Style

House

Lot Size

0.2669

Year Built

1898

Town/City

Lexington

County/Region

Davidson

MLS | Web ID

1137388

Features
General
Interior Features Built-in Features
Sewer Public Sewer
Heating None No Fuel
Cooling None
Appliances Electric Water Heater
Pool Features None
Construction Materials Wood Siding
Year Built 1898
Property SubType Stick/Site Built
Property Type Residential
HOA / Comm Assn No
Subdivision Name None
Total Rooms 9
High School Lexington City
Elementary School Southwest
Middle/Junior High School Lexington City
Additional School Info Zone Call Board to Verify
Fenced No
Pool Y/N No
Porch Y/N Yes
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Interior
Basement Crawl Space
Flooring Carpet
Total Fireplaces 0
Laundry Features Dryer Connection Washer Hookup
Heating Fuel No Fuel
Total Heated Finished SqFt Range 2100 - 2600
Water Heater Electric
Primary On Main Yes
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Exterior
Fencing None
Parking Features Driveway
Water Source Public
Lot Dimensions 76 x 152 x 76 x 151
Lot Size Acres 0.2669
Acres Range 0 - 0
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* Excluded Features
List By
Jason Coleman

Listing Agent

Keller Williams One

Broker

jason@investinthetriad.com

Email

Affordability Calculator

$1,675
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,572
Monthly Property Taxes
$103
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4274877 Elementary School
1823015 Middle School
Lexington City High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2024$225,000 Listed Price

Map


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227 5th Avenue, Lexington, NC, 27292 is a Single Family Home for sale at $225,000 with a lot size of 0.2669. 227 5th Avenue has 6 bedrooms, 2.0 baths, and was built in 1898. The property's zip code is 27292 which is in Lexington, NC