1204 W fifth AVE Lexington, NC 27295
1,928 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,928 sqft
Price per Sqft $165
MLS Listing ID 4376307
Abv Grd Liv Area 1,928
Year Built 1967
Lot Size 0.710 Acres
Acres 0.71
Property Sub-Type Duplex
Property Description
Fully brick duplex offering immediate cash flow with both units currently leased at $1,020/month each. One unit is leased through December 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!
Location
State NC
County Davidson
Zoning R
Interior
Heating Heat Pump
Cooling Central Air
Appliance Convection Oven, Dishwasher, Electric Cooktop
Laundry In Unit
Exterior
Street Surface Concrete,Paved
Garage false
Building
Dwelling Type Site Built
Foundation Slab
Sewer Septic Installed
Water City
Structure Type Brick Full
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Yes
Senior Community false
Special Listing Condition None
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