Lexington Courtyard

49 Courtyard Place
Lexington, MA 02420
United States

Price:
$346k
Bedrooms:
4
Accessible:
No

Property Overview

Property Facts:

Property Type:
Townhouse
Condo Fee:
$401
Year Built:
2011
Est. Annual Taxes:
$4,163

The development was completed in 2012 and consists of 36 total attached townhouse units. The development includes nine affordable dwellings for qualifying applicants with incomes at or below 80% of the area median income. All units have been built and sold. Each dwelling is served by a private driveway with access from Courtyard Place, which is maintained as a private way. The unit has approximately 1,792 square feet of living area with 4 bedrooms, 2 bathrooms, a 1 car garage, and 1 surface parking space in front of the garage. The first floor has a living room, kitchen, dining room, and a full bathroom with a shower stall. There is a private patio space that is accessed via a sliding door off of the living room. The kitchen includes a refrigerator with ice machine, a steel front dishwasher installed in 2023, an above range microwave installed in 2020, a gas stove, and a garbage disposal. The kitchen has wood cabinets and solid surface countertops. The second floor has all four bedrooms and a full bathroom with a tub. The living room, dining room, and one bedroom have hard wood floors; the kitchen and upstairs bathroom have vinyl tile floors; the downstairs bath has a tile floor; and the stairs and three bedrooms are carpet. Aside from the primary bedroom carpet, all flooring is original to the home. There is an unfinished basement accessed from the kitchen and additional attic storage. The home has washer and dryer hookups on the second floor, central air conditioning, and gas heating system. The washer and dryer are not included in the sale but can be purchased separately. The hot water heater was replaced in 2025. Pets are permitted at Lexington Courtyard Condominium. The property is served by public water and sewer.

Property Details

Unit Details

Basement:
Yes
Additional space:
Attic
Appliances:
Dishwasher
Garbage Disposal
Microwave
Refrigerator
Stove/Oven
Listing Garage Parking
Garage Parking:
Yes, there is 1 space available.
Off Street Parking:
Yes, there is 1 available space.
Heating type:
Gas
Air Conditioning:
Yes
Flooring Types:
The living room, dining room, and one bedroom have hard wood floors; the kitchen and upstairs bathroom have vinyl tile floors; the downstairs bath has a tile floor; and the stairs and three bedrooms are carpet.
Pets allowed:
Yes

Eligibility Information

Income limits:
One-person household: $92,650 Two-person household: $105,850 Three-person household: $119,100 Four-person household: $132,300 Five-person household: $142,900 Six-person household $153,500
Asset limits:
$75,000
Must be first time homebuyer:
Yes
Age Restrictions:
No restriction

Application Information

Application Type:
Lottery
Application Deadline:
April 30, 2026
 
Application Process:
  1. Applications will be accepted until April 30, 2026 at 5:00 pm, after which time, if there are multiple qualified respondents, a lottery drawing will be held. The lottery drawing consists of a blind selection, from a randomizer with individual entries bearing applicant identification numbers. The order in which your number is drawn determines your ranking. If the unit has more than one-bedroom, the drawing order will be adjusted for an appropriately sized household after the lottery drawing.
  2. Information provided in this Application will be treated as confidential.
  3. Applications will be accepted from April 17, 2025- April 30, 2026 at 5:00 pm or until such time as the unit has an accepted offer to an affordable household.
  4. You must fill out the application document completely and provide it along with a pre-approval letter from a qualified lender to LDS Consulting Group, LLC. If you would like to upload your application safely and securely online, LDS will be happy to send you a link.
    If you are mailing your application the application needs to be in LDS’s Office on or before the date of the application period closing. We strongly suggest you send your application either certified mail or priority with a tracking number. You will be able to track the package as it is taking longer for mail to be received. Mailed applications, received after the application period deadline will not be included in the lottery.
  5. If unsigned, or incomplete, your application will be rejected.
  6. If you have intentionally falsified information, your application will be rejected.
  7. Your household can only file one application, and no household member can appear on more than one application.
  8. Once an application has been submitted, it cannot be edited or changed.
  9. Applications will be reviewed as quickly as possible in the order in which they were received after the application deadline. You will be notified by e-mail of receipt of your application, - and your eligibility for the lottery. All applicants will be given a 48 hour appeal period if they think the finding is in error. No additional documentation will be accepted after the lottery application period closes.
  10. After you submit your application to LDS: Please begin collecting all documents on the Application Checklist below. Please have all documents ready by the date of the application deadline, located on the first page of the application.
  11. If you are the first randomly selected applicant, you will be contacted and required to submit all applicable documents on the Application Checklist within 24 hours.
    1. If all income and asset documents are received and you are eligible, you will be provided with the first opportunity to move forward with purchase. Other applications will be maintained on a waiting list.
    2. If a selected applicant does not submit all the required income and asset verification documents within 24 hours of being notified, LDS will move on to the next applicant in line from the lottery. There will be no extensions, so please have all documents ready.
  12. The submission of all necessary application material does not guarantee your approval for a home.
  13. Questions can be sent to: info@ldsconsultinggroup.com or contact 781-943-3963
  14. Once a winner is chosen and approved, LDS will arrange a viewing of the unit and prepare an offer form. A $500 deposit will be collected at offer and $1,000
Monitoring/Lottery Agent or Property Manager
LDS Consulting Group, LLC
Contact
Sara Shahbazi or Elizabeth Chaput