NOT LISTED FOR SALE

115 Edgewood Dr Lexington, NC 27292

-- Bed
-- Bath
-- Sq Ft
2 Acres

Last Sold November 08, 2019

Last sale price $450,000

39 Days on Market

Highlights

  • 2 Acre Lot
  • Forced Air Heating and Cooling System
  • Carpet
  • No HOA
  • Storm Doors

About This Home

As of November 2019

Here’s a great opportunity for serious investors! Fantastic complex of 9 Duplexes/18 units. 7 need remodeling/11 have been remodeled and all 11 are rented. Two buildings need new roofs and some ceiling repair. Remodeling would include painting/flooring and potentially kitchen cabinets/tops/appliances/HVAC/water heater. LR has sheet paneling which can be cleaned or painted. Most units rent for $450 mo. More financials available. See Agent. Vacant unit appts through ShowingTime.

Last Agent to Sell the Property

Helen Stubblefield

Berkshire Hathaway HomeServices Carolinas Realty License #116158 Listed on: 08/28/2019

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Helen Stubblefield

Berkshire Hathaway HomeServices Carolinas Realty License #116158 Listed on: 08/28/2019

Berkshire Hathaway HomeServices Carolinas Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 200 x 404 x 156 x 231 x 108 x 174

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • Lighted Parking
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 03
  • Assessor Parcel Number 1133900000003

Community Details

Overview

  • No Home Owners Association
  • 1,620 Sq Ft Building

Building Details

  • 11 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 2
  • Lot Size: 200 x 404 x 156 x 231 x 108 x 174
  • Directions: I-85 BL S; Keep L to continue on N Main St; L E 5th St (become Raleigh Rd;) L Holly Grove Rd; L Edgewood.
  • Architectural Style: Garden
  • Building Stories: 1
  • Year Built: 1989
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Door Features: Storm Door(s)
  • TRIADMLS_ApproxSqFtRange: 1400 - 1800
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Partial

Garage/Parking

  • Parking Features: Lighted, Paved

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1133900000003
  • Zoning: RA1
  • TRIADMLS_AcresRange: 2 - 2

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 18
  • Number Of Units Furnished: None
  • Number Of Units Leased: 11

Tax Info

  • Tax Block: 000
  • Tax Lot: 03
  • Tax Map Number: 11339
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $450,000 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 947855

Triad MLS