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Charlotte · Charlotte, NC

1906 Meadowlark Lane #19

Charlotte, NC · 667 sqft

$120,000

  • 1Beds
  • 1Baths
  • 667SqFt
  • 1972Year
  • 5Days on market

About this home

Turnkey Investment Opportunity in the Heart of South Charlotte! This beautifully updated 1-bedroom, 1-bath upper-floor condo offers the perfect combination of immediate rental income and long-term appreciation potential. Currently tenant occupied on a month-to-month lease at $1,175/month, providing flexibility for investors or future owner-occupants. Inside, you'll find wood-like flooring throughout, an updated kitchen featuring tuxedo style cabinetry and stainless steel appliances. The bathroom has black tile and neutral designer paint. The spacious one-bedroom floor plan offers a generously sized bedroom, open living and dining spaces, natural light, and a private covered patio overlooking a peaceful green space. Ideally located just minutes from SouthPark, Park Road, Quail Hollow, medical, shopping, dining, and major highways, this condo offers exceptional convenience in one of Charlotte's most desirable rental markets. Rare opportunity: This unit may be purchased individually or as part of a three-unit investment portfolio, creating an excellent opportunity to expand an existing portfolio or complete a 1031 exchange. Don't miss your chance to own a move-in-ready, income-producing property in an unbeatable location!

Property details

Beds
1
Baths
1
SqFt
667
Lot
Year built
1972
Type
Condo
Days on market
5
Heating
Heat Pump
Cooling
Central Air
Foundation
Slab
HOA dues
$269 / mo

Features

  • Lawn Maintenance

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$1,152/ month

Principal & interest
$743
Property tax (~1.05%)
$105
Homeowners insurance
$35
HOA dues
$269

Down payment

$6,000 down · $114,000 financed

Income to qualify (28% rule)

~$49,379 / 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.

Location

About Charlotte

Metro core · Multi-ZIP coverage

The metro itself — Christy works Charlotte across multiple sub-markets, from the inner-ring streetcar suburbs through Ballantyne and the East side.

Explore Charlotte

Similar in Charlotte

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Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.