$175,000
For Sale

1207 Martin Luther King Jr Boulevard

Lexington, NC 27292
1627 sqft | 3 beds | 2 baths | #1168507
Browse 3 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Investor Special with Tenant in Place! 1207 MLK Jr Blvd in Lexington, NC features 3 bedrooms, 2 baths, and a new shingled roof (2023). Built in 1957, this property is tenant-occupied, with the tenant remaining through June 2025 and expressing interest in continuing beyond that. Conveniently located near shopping, dining, and major roadways, this property offers excellent potential for investors. Home is being sold as-is. Showings after offer has been accepted. Purchase also includes PID 11042A0000021. Lot size & tax information account for both parcels. Measurements from tax records. Will update by February 10th.

  • Property Details
      • Lot DescriptionCity Lot, Corner Lot
      • Property SubtypeStick/Site Built
      • Sewer InformationPublic Sewer
      • Basement DescriptionCrawl Space
      • Property TypePurchase
      • CountyDavidson
      • MLS #1168507
      • MLS #1168507
      • Utility SourcePublic
      • Cost175000
      • Square Feet1627
      • Year Built1957
      • Taxes Annual$898
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Basement1

Location

Fletcher BinghamReal Estate Group

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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