227 5th Avenue, Lexington, NC 27292

$225,000
6
BD
2
BA
2,424
SqFt
List Price
$225,000
MLS#
1137388
Status
ACTIVE
Type
Single Family Residential
Subtype
Stick/Site Built
Bedrooms
6
Bathrooms
2
Full-baths
2
Living Area
2,424
Lot Size
11,626

Property Description

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!

Additional Information

Acres
0.27
Appliances
Electric Water Heater
Built Information
Existing
Cooling Type
None
Elementary School
Southwest
Fencing
None
Flooring
Carpet
Heating
None, No Fuel
Heating Fuel
No Fuel
High School
Lexington City
Interior Features
Built-in Features
Living Area
2,424
Lot Dimensions
76 x 152 x 76 x 151
Lot Size
11,626
Middle School
Lexington City
Parking
Driveway
Sewer
Public Sewer
Show Street Address
Yes
Water
Public
Water Heater
Electric
Year Built
1898

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams One. Contact: