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Courtesy of COMPASS, Angelica Shchetinin Listing Contact: [email protected]

For Sale

1204 W fifth Avenue

1204 W fifth Avenue, Lexington, NC 27295

$299,000

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!

Studio

1,928 Sq.Ft. LIVING AREA

0.71 Acres lot

Features & Amenities

Interior

total bedrooms0
Laundry room In Unit
APPLIANCES Convection Oven, Dishwasher, Electric Cooktop

Area & Lot

Status For Sale
Living Area1,928 Sq.Ft.
Total Area1,928 Sq.Ft.
Lot Area0.71 Acres
MLS® ID4376307
TypeMulti-Family
YEAR BUILT1967
Elementary SchoolUnspecified
Middle SchoolUnspecified
High SchoolUnspecified

Exterior

water SourceCity
parkingAttached Carport
HEAT TYPEHeat Pump
AIR CONDITIONINGCentral Air
sewerSeptic Installed
SubstructureSlab

Financial

Sales Price$299,000

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