110 W. 5th Avenue, Lexington, NC
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110 W. 5th Avenue
Lexington, NC 27292
Davidson County
Single Family Home
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Property ID# 42300
Updated 06/16/2017
Wholesale
Asking Price $65,000.00
Down Payment $65,000.00
Beds 4
Baths 2
Floors 2
Sq. Ft. 3788 +/-
Year Built 1915
Garage 1 Car Detached
Basement Unfinished
Acreage .23
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This home can be a very large home for a family or possibly a rooming house or a professional office. There is a whopping 3788 square feet and another 1522 square feet in the unfinished basement. This property is in the heart of Downtown Lexington! There is 3 bedrooms and a Bonus Room upstairs (that could double as another very large bedroom) and a full bath upstairs and another bedroom and bathroom on the main floor. You can finish the basement (which has it's own entrance) and possibly make it a 3 bedroom, 2 bathroom money maker! After all, it's very large. There is a repair report and it needs about $20K in repairs (not including finishing the basement.) The estimate of value is about $147K. No matter how you slice it, the numbers look really good on this one and your ROI is well over 25%!

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