101 West 5th Avenue

101 West 5th Avenue

Lexington, NC 27292

$699,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

Are you searching for a lucrative investment property with strong rental potential and room for growth? Look no further than this spacious beauty! Prime Location that is Situated in a booming neighborhood with two homes. The first house boasts 5000 sq/ft with building plans consisting of four 2 Bedroom, 2 Bath apartments that needs reno completed. The other home has two 1 Bedroom, 1 Bath apartments that have been updated. This property boasts easy access to public transportation, schools, and major...Are you searching for a lucrative investment property with strong rental potential and room for growth? Look no further than this spacious beauty! Prime Location that is Situated in a booming neighborhood with two homes. The first house boasts 5000 sq/ft with building plans consisting of four 2 Bedroom, 2 Bath apartments that needs reno completed. The other home has two 1 Bedroom, 1 Bath apartments that have been updated. This property boasts easy access to public transportation, schools, and major amenities. Its convenient location and access to the major thoroughfares makes it a winner! Photograph coming this week
  1. Listed by Matthew Menshew • eXp Realty, LLC

Property Details for 101 West 5th Avenue

Zoning
MLT FAM >10

Location

Listing Courtesy of eXp Realty, LLC
Add your commute
LISTING UPDATED: 03/30/2024 07:41 PM

Property Details for 101 West 5th Avenue

StatusPrice Change
MLS #1129634
Days on Market110
Taxes$1,844 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Remarks
Year Built1900
Lot Size0.40 AC / 17,424 SF
CountyDavidson County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 101 West 5th Avenue

Stories-Residences-Year Built1900Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

$3,968 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$154

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 101 West 5th Avenue

Summary
Location and General Information
  • County Or Parish: Davidson
  • City: Lexington
  • Directions: 85N to Exit 87 for I-285/I85BL/US-52N. Use right 2 lanes to take exit 87 for I-85/US29/US70 toward High Point. Take the exit toward Old US64, Sharp right onto National Blvd, continue onto State Rd 1277, Left onto W. 5th Ave. House is .9 miles on Right.
  • Latitude: 35.821021
  • Longitude: -80.259116
  • Postal Code: 27292
Taxes and HOA Information
  • List AOR: Greensboro
  • Tax Rate: .64%
  • Tax Annual Amount: $1,844.00
  • Tax Assessed Value: $141,850.00
  • Tax Year: 2022
  • Parcel Number: 9257255
  • Association: No
Parking
  • Parking Features: Driveway
Property
Lot Information
  • Lot Size Acres: 0.4
  • Lot Size Dimensions: 180 x 95 x 118 x 89
  • Total Heated Finished SqFt Range: 0 - 0
  • Water Source: Public
  • Year Built: 1900
Property and Assessments
  • Photos Count: 11
  • Property Type: Residential Income
  • Deed Book: 2503
  • Deed Page: 1198
Utilities
  • Heating Fuel: No Fuel
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Construction Materials: Vinyl Siding, Wood Siding
  • Laundry Features: Washer/Dryer Connection
  • Pool: No
Interior Features
  • Appliances: Electric Water Heater
  • Cooling: Heat Pump
  • Flooring: Tile, Vinyl
  • Heating: Heat Pump, No Fuel
Multi Family
Multi-Family Information
  • Number Of Units In Community: 0
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell

Property History for 101 West 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 101 West 5th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$1,858 ($155 / month)
Home Facts
Baths6Total Finished SqFt6,612 SqFtAbove Grade Finished SqFt6,612 SqFtUnfinished Basement SqFt900 SqFtStories2Lot Size60,548 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1975ZoningTNCountyDAVIDSONAPN11-111-0-00D-0004Fireplace TypeHas Fireplace

Schools near 101 West 5th Avenue

This home is within Lexington City School District.
Rating
School
Type
Grades
Distance
Southwest Elementary School
Public - 1 to 5
Lexington Middle School
Public - 6 to 8
Lexington Senior High School
Public - 9 to 12
Charles England Intermediate School
Public - 1 to 5
Rating
School
Distance
Southwest Elementary School
Public1 to 5

Lexington Middle School
Public6 to 8

Lexington Senior High School
Public9 to 12

Charles England Intermediate School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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More information about 101 West 5th Avenue, Lexington, NC 27292

101 West 5th Avenue is a multi-family home for sale in Lexington, NC 27292. This property was listed for sale on January 9, 2024 by eXp Realty, LLC, it's currently listed at $699,000. It has been on the market for a total of 110 days and was last sold on September 20, 2021. This listing's school district is Lexington City School District. Nearby schools include Southwest Elementary School, Lexington Middle School and Lexington Senior High School. 101 West 5th Avenue is a 0-bed, 0-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

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