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About This Home
This 4-bedroom, 2-bathroom residential multi family at 1204 W fifth Avenue in Lexington, NC is listed for $319,000. Built in 1967, on a 0.71 acres lot.
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!
Key Features
- Built in 1967
- 0.71 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,706/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1204 W fifth Avenue
Lexington, NC 27295
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 1204 W fifth Avenue is listed at $319,000. The estimated monthly payment is $1,382 based on 20% down at 6.5% interest.
Key features include: Built in 1967, 0.71 acre lot.
This property is listed by Angelica Shchetinin and can be reached at 7045021019 or angelica.shchetinin@compass.com.
