Lexington · Lexington, NC
3707 Welcome Arcadia Road
Lexington, NC · 2,296 sqft
$315,000
- 3Beds
- 3Baths
- 2,296SqFt
- 1992Year
- 1Days on market
About this home
INVESTOR'S DREAM! Opportunity knocks at 3707 Welcome Arcadia Road! This 3-bedroom, 3-bath brick home offers 2,296 square feet of living space with a finished basement and tremendous potential for a quick fix-and-flip or value-add investment. Unlike many investment properties, much of the heavy lifting is already behind you—this home is largely intact and ready for cosmetic updates and completion of a few unfinished projects rather than a full renovation. Hardwood floors, a spacious kitchen with island and stainless appliances, multiple living areas, fireplace, generous bedrooms and three full baths provide a strong foundation to work from. The finished lower level adds valuable living space, while the basement garage and workshop area offer additional functionality. Outside, enjoy a wooded .49-acre lot, rear deck and classic brick exterior. Bring your vision, finish what has already been started, and unlock the potential!
Property details
- Beds
- 3
- Baths
- 3
- SqFt
- 2,296
- Lot
- —
- Year built
- 1992
- Type
- Single Family
- Days on market
- 1
- Garage
- 2
- Heating
- Heat Pump
- Cooling
- Central Air
- Foundation
- Basement
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,279/ month
- Principal & interest
- $1,950
- Property tax (~0.90%)
- $236
- Homeowners insurance
- $91
- HOA dues
- —
Down payment
$15,750 down · $299,250 financed
Income to qualify (28% rule)
~$97,672 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.