Lexington Craftsman Bungalow with
For Sale
$345,000
403 W Center Street, Lexington, NC 27292
Classic 1925 Craftsman with income potential near downtown Lexington.
Property SizeContact for details
Days on Market218
Property Features for 403 W Center Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1925
Listing Agency:
HOWARD HANNA ALLEN TATE SUMMERFIELD
(336) 485-1881
Listed By:
WILLIE JONES
Source:
Corcoran
Added: Jan 15
Changed: Aug 16
Last Checked: Aug 21 at 7:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOWARD HANNA ALLEN TATE SUMMERFIELD
Investment Insights
Based on property information with market context.
This classic 1925 Craftsman bungalow is located in Lexington. The property features 4 bedrooms and 2 full baths. Multiple fireplaces and original craftsmanship highlight the interior. The layout is functional and suited for everyday living or hosting guests. Outdoor living is enhanced by a private back patio with an outdoor sink. A welcoming covered front porch, detached garage, and paved parking add charm and functionality. The property is ideally located near downtown Lexington with easy access to dining, shopping, and commuter routes. It is currently operating as a successful short-term rental, offering immediate cash flow for investors or flexibility for buyers seeking a primary residence with income options. The property delivers versatility, character, and long-term value in a great location and can be held as a long-term investment or owner-occupied.
Key Highlights
- Proven income potential as a successful short‑term rental.
- Prime location near downtown Lexington with easy access to amenities.
- Versatile property suitable for short‑term rental, long‑term investment, or owner‑occupancy.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,038
Businesses Nearby
Explore this area
Business Placement
Demographics for 27292, NC
39,337
Population
18,749
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
144.0 sq mi
ZIP Area
273
Density / Sq Mi
$54,468
Median Household Income
$34,776
Median Earnings
$831
Median Rent
$193,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Classic 1925 Craftsman with income potential near downtown Lexington.
Where is this short term rental property located?
The property is located at 403 W Center Street Lexington, NC.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Proven income potential as a successful short‑term rental.; Prime location near downtown Lexington with easy access to amenities.; Versatile property suitable for short‑term rental, long‑term investment, or owner‑occupancy.
