Old Charlotte Hwy, Monroe, NC 28110 Sold

Brick Ranch w/ Circular Driveway

OFF MARKET
Needs Updating
Potential Retail $250k+

Great Location in Monroe
1 mile from Walmart, Lowes, Crossings Mall, Food Lion
3 miles to downtown Monroe
5 miles to the 74-Bypass

20 miles to Charlotte city-center
15 miles to Mint Hill
13 miles to Waxhaw (20 min)

10 miles to I-485 & Matthews
3 miles to downtown Monroe

SOLD COMPS

Range $93/SF to $135/SF (average $115/sf)
$115 x 2,329 = Potential Retail $267k

CLICK HERE FOR MORE PHOTOS

Old Charlotte Hwy, Monroe, NC 28110

Property Details:

  • 2,329 SqFt. heated, 3 or 4 bedrooms, 2 full bathrooms
  • Brick Ranch w/ carport on .95 acres, built 1956
  • Structure & subfloor appear structurally sound, no sloping or soft spots
  • Water heater (2018), GasPack (2000), Roof is older (possible leaks)
  • City water & sewer
  • Tax Value $155,700, 2018 taxes $2,098
  • Driveway circles behind house to brick outbuilding w/ electric
  • Long-time tenants pay faithfully, below mkt rent ($900)

See photos for renovation needs; structure appears sound

Transaction Details:
Property As-is
Cash only
Buyer pays all closing costs
$5,000 deposit (applied toward the purchase price)
Guaranteed clear title through closing Attorney

Have Questions? Want to inspect this property?

Call / Text Rochelle 704-765-4800
Rochelle@solutionhomeinvestors.com
WE ONLY OFFER OUR PERSONALLY OWNED PROPERTIES OR ASSIGNABLE CONTRACTS
Address:
Old Charlotte Hwy
Monroe, NC 28110
Terms:
For Sale
Property Type:
Home

Call 704-837-1600 for more details

Property Location