TURNKEY INVESTMENT OPPORTUNITY - FULLY RENOVATED 4-BEDROOM RENTAL Now Offered at $295,500 Investor and 1031 Exchange Opportunity! This extensively renovated 4-bedroom, 2-bath home offers immediate rental income, major system upgrades, and long-term appreciation potential in one of Union County's growing residential markets. Completely rebuilt and renovated from the foundation to the roof, the property has undergone significant improvements including a new roof, HVAC system, electrical, plumbing, insulation, drywall, flooring, windows, doors, fixtures, and finishes throughout. These extensive upgrades help minimize future maintenance costs and provide the benefits of a substantially newer home. The spacious floor plan features four bedrooms, two full baths, and a beautifully updated kitchen with granite countertops, modern soft-close cabinetry, and contemporary finishes throughout. Conveniently located near downtown Monroe, shopping, dining, schools, parks, and major commuter routes, the property benefits from strong rental demand and continued area growth. Property is currently tenant occupied and generating rental income under an existing lease. SELLER INCENTIVES: Seller will contribute up to $3,000 toward buyer closing costs for cash purchases closing within 10 days. Whether you are seeking a 1031 exchange replacement property, expanding your rental portfolio, or looking for a low-maintenance income-producing asset, this property offers exceptional value at today's pricing. Lease information and operating expenses available during due diligence.
| MLS # | 4356393 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 176 |
| Listing Provided By | Coldwell Banker Realty | Val Bowser |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,484 |
| Story(s) | 1 |
| Zoning | AQ5 |
| Acreage | 0.17 |
| Cooling | Heat Pump |
|---|---|
| Heating | Central, Heat Pump |
| Appliances | Dishwasher, Disposal, Electric Cooktop, Electric Oven |
| Construction Materials | Vinyl |
|---|---|
| Foundation Details | Crawl Space |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
| List Aor | Canopy Realtor Association |
|---|
| Property | 140300 |
|---|
| State | NC |
|---|---|
| County | Union |
| City | Monroe |
| Zip Code | 28110 |
| Area | Union |
| Community Name | Plyler Heights |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in Plyler Heights) | |
Price: $295,500 low | high Med: $295,500 sqft: 1,484 low | high Med: 1,484 $ / sqft: $199 low | high Med: $199 On site: 176 low | high Med: 176 | |
| State | NC |
|---|---|
| County | Union |
| City | Monroe |
| Zip Code | 28110 |
| Area | Union |
| Community Name | Plyler Heights |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in Plyler Heights) | |
Price: $295,500 low | high Med: $295,500 sqft: 1,484 low | high Med: 1,484 $ / sqft: $199 low | high Med: $199 On site: 176 low | high Med: 176 | |