1204 W Fifth Avenue, Lexington, NC 27295

$299,000
1,928
SqFt

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Listing courtesy of COMPASS. angelica.shchetinin@compass.com

List Price
$299,000
Status
ACTIVE
Days on Market
98
Price Change
▼ $20,000 1785460377
MLS#
4376307
Year Built
1967
Living Area
1,928
Lot Size
30,927
Acres
0.71

Property Description

Please do not disturb the tenants. Fully brick duplex offering immediate cash flow with both units currently leased at $1,020/month each. One unit is leased through September 2026, and the other through January 2027, providing stable, long-term income. Each unit features 2 bedrooms and 1 full bath, with functional layouts ideal for long-term tenants. Recent updates include fresh interior paint (2023) and new flooring throughout (2023), giving both units a clean, modern feel. Each unit is equipped with its own dedicated laundry space and updated laundry plumbing, adding convenience and long-term value. Low-maintenance brick exterior paired with a strong rental history makes this property a solid addition to any investment portfolio. Conveniently located near local amenities, shopping, and major roadways in Lexington. Great opportunity for investors!

Additional Information

Appliances
Convection Oven, Dishwasher, Electric Cooktop
Heating
Heat Pump
Air Conditioning
Central Air
Exterior Construction
Site Built
Foundation
Slab
Parking
Attached Carport
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

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