101 Bay Meadow Court

Lexington, NC 27292

  • Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 1.87
    Acres(Lot)
$850,000

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.

  • Property Type

    Residential

  • County

    Davidson

  • Style

    Two Story

  • AD ID

    50272342

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BuyOwner last updated this listing 07/05/2025 @ 05:45

  • MLS: 1185606
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: TriadMLS

is a Home, with bedrooms which is for sale, it has 0 sqft, 2 sized lot, and 0 parking. are nearby neighborhoods.