713 E Lexington Road
Property Description
Investment opportunity near downtown Mocksville! Originally built in 1949, this four-unit property has been thoughtfully updated throughout, offering the character of an established property with many of the major improvements already completed. All four units feature similar floor plans with refreshed interiors, including updated flooring, lighting, plumbing fixtures, countertops, and fresh paint, with select finishes varying by unit. Major improvements include a newer roof installed in 2023, one HVAC system replaced in 2018 and the remaining three replaced in 2021, along with newer water heaters. Situated on just over one acre, the property offers a generous lot with potential for additional income-producing development, subject to zoning, permitting, utilities, and other applicable requirements. Conveniently located near downtown Mocksville with easy access to shopping, dining, and area amenities. Whether adding to an existing portfolio or looking for a multifamily investment with future possibilities, this well-maintained quadplex offers an opportunity with much of the updating already done.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $449,900 |
| No. of Units: | 4 |
| Year Built: | 2025 |
| Opportunity Zone: | No |
| Price per unit: | $112,475 |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 5 |
ID: 3yd-CMLSNC-4425154
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