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368 Reedy Fork Drive Unit A & B

Lexington, NC 27295

– beds
– baths
~2 acre lot
1998 build
– on site

More homes

WANT A DUPLEX with an option to build another one in the country! This brick 1998 duplex on 1.5 AC plot is fully occupied, last property on the bumpy gravel road to the two 2-bedroom, 1-full bath units with ways to make more units in the future. Laminate flooring in both, laundry rooms, back patios, central A/C, no leaks or issues and all features work as intended with NO maintenance concerns reported, area to enjoy the outdoors and offered as is which means what you see is what you get! Occupant can remain or be given a 30-day notice to vacate. The good occupants are currently on a month-to-month and are willing to remain. Rental income $600 + $575 per month with the potential of increasing rents. Do Not Disturb and Do Not approach property without permission. We require a 48hr. notice to show or inspect for all showing or inspection access. Please contact listing agent directly if you have any questions or concerns.

Listing courtesy of TRIAD / Quality Management & Realty

Last checked: Checking… • Last updated Apr 30, 2024 •

MLS# 1124505 —

The Building

Year Built:

1998
Construction Materials:

Aluminum Siding
Built Information:

Existing
# of Units Total:

2
Unit Number:

A & B
Basement:

false
Approx SqFt Range:

1700 - 2100
Total Heated Finished SqFt Range:

0 - 0
Approx SqFt:

1984

Interior

Flooring:

Laminate
Laundry Features:

See Remarks
Storage:

Attic

Location

Directions:

HWY 150 South, Welcome Exit (Right off ramp), (R) on Zimmerman Road, (L) Reed Fork Drive to end on bumpy gravel.
Latitude:

35.930919
Longitude:

-80.251244

The Property

Exterior Features:

Remarks
Property Type:

Residential Income
Property Subtype:

Duplex
Lot Features:

Dead End
Lot Size Acres:

1.5
Lot Size Dimensions:

424.83 x 175.02 x 182.63 x 348.08
Zoning:

RA1
Acres:

1 - 2
Environmental Hazards:

No
Price Per Acre:

163333.3333

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$691

The Listing

Listing Terms:

Cash
Special Listing Conditions:

Owner Sale

Heating & Cooling

Cooling:

Central Air
Heating:

Forced Air
Heating Fuel:

Electric

Utilities

Sewer:

Septic Tank
Water Heater:

Electric
Water Source:

Public

Appliances

Appliances:

Electric Water Heater

Schools

Elementary School:

Welcome
Middle Or Junior School:

North Davidson
High School:

North Davidson

The Community

Subdivision Name:

None
Community Features:

Remarks
Pool:

false
Pool Features:

None
Association:

false

Parking

Parking Total:

4
Parking Features:

Driveway

Extra Units

Units Furnished:

All Units

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/30/24 Apr 30, 2024	Sold	TRIAD	$245,000	-5.4%
12/1/23 Dec 1, 2023	Pending	TRIAD	$259,000	-4.0%
11/7/23 Nov 7, 2023	Listed / Active	TRIAD	$269,900

Multifamily Sold on 4/30/2024

$245,000

Listing provided by broker:

Patrick Epting

Quality Management & Realty

Newest listings in Welcome, NC

Similar sold homes

Listing Courtesy of: TRIAD and Quality Management & Realty.

Sold data is for informational purposes only and is not an indication of a market analysis or an appraisal. TRIAD MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.

368 Reedy Fork Drive Unit A & B

Lexington, NC 27295