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USANCLexington101 Bay Meadow Ct
101 Bay Meadow Ct, Condo with 0 bedrooms, 0 bathrooms and null parking in Lexington NC | Image 1
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$850,000

101 Bay Meadow Ct, Lexington, NC

Condo

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size  sqft
Garage Yes
Maintenance Fees 
Taxes $5,263
Days Active 4
Approx. Age 1986
MLS® Number 1185606

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor alert—12-unit brick complex in fast-growing Lexington! 101-123 Bay Meadow Ct offers two matching 2-story buildings on a quiet cul-de-sac: six ground-floor and six upper 1 BR/1 BA flats, each with living room and in-unit laundry. Most boast fresh flooring, paint, updated baths & kitchens; three are leasing now to hit 100 % occupancy. Avg rents $825 + with upside toward $900, for ˜ $120K/yr gross. Separate electric & water meters keep costs down—owner only covers trash & landscaping. Listed $850K = ±8.5 % pro-forma cap with value-add left. Durable brick, vinyl windows, low-care grounds. Quick access to I-85, Toyota Megasite & booming job hubs means strong tenant pool. DO NOT DISTURB RESIDENTS. Agents—see Agent-Only Remarks for showings, rent roll & T-12.Show Description
MLS® Number1185606
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher/Dryer Connection
Exposure
Exterior
GarageYes
Approx. Age1986
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump, Electric
A/CCentral Air
Heating Fuel

Extras

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