101 5th Avenue, Lexington, NC 27292 (MLS # 1178603)
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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.
Property Type(s):
Single Family
| Last Updated | 4/26/2025 | Tract | None |
|---|---|---|---|
| Year Built | 1900 | County | Davidson |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater |
| BASEMENT | Crawl Space, Unfinished, Yes |
| CONSTRUCTION | Wood Siding |
| FIREPLACE | Yes |
| HEAT | Electric, None |
| LOT | 1.3 acre(s) |
| LOT DIMENSIONS | 106 x 186 x 99 x 33 x 8 x 218 |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | None |
| TAXES | 1844.2 |
| WATER | Public |
Location
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Listed with Mark Spain Real Estate
© 2012 Triad MLS, Inc. of North Carolina. All rights reserved.
Properties marked with the Triad approved icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. The information provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Data last updated on: 5/9/25 4:04 PM PDT
Properties marked with the Triad approved icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. The information provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Data last updated on: 5/9/25 4:04 PM PDT
This IDX solution is (c) Diverse Solutions 2025.
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