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227 5th Avenue
LexingtonNC 27292

$225,000
Contract
Tools
Brochure
Size
6
Bedrooms
2
Full Baths
2,424 Sq Ft.
interior
0.27 Acres
Exterior
Financial
$225,000
Change Currency
$93
Price Per Sqft
Listing Details
Other
Property type
1898
Year Built
Southwest
Schools
Southwest
Elementary
Lexington City
Middle
Lexington City
High
10998020
Web Id
1137388
MLS ID
46
Days Posted

Description

227 5th Avenue, Lexington, NC 27292

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.

This is an Pending listing.

Broker Office Phone Number: 336-297-4545

Copyright © 2024Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Carpet
  • Carpeted Floors
  • Driveway

Price History

datePricevariancetype
5/10/2024$225,000-Contract
4/3/2024$225,000-Listed
Listing By: Keller Williams One via Data Source: Triad Multiple Listing Service 
listing agent: Jason Coleman


Located at 227 5th Avenue, Lexington, North Carolina 27292, this Other is for Sale with a price of $225,000 USD. The property was built in 1898, includes 6 bedrooms, has 2 full baths. This listing has 2,424 Sq.Ft. of interior space on a lot of .27 Acres. See all Homes for Sale in Lexington.
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