227 5th Avenue, Lexington, NC 27292

Local realty services provided by:Better Homes and Gardens Real Estate Paracle
227 5th Avenue,Lexington, NC 27292
$225,000
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Pending
Listed by:jason coleman
Office:keller williams one
MLS#:1137388
Source:NC_TRIAD

Price summary

  • Price:$225,000

About this home

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.

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Home facts

  • Year built:1898
  • Listing ID #:1137388
  • Added:541 day(s) ago
  • Updated:June 01, 2024 at 04:44 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2

Structure and exterior

  • Year built:1898

Schools

  • High school:Lexington City
  • Middle school:Lexington City
  • Elementary school:Southwest

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$225,000
  • Tax amount:$1,234
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