$250,000

2606 Long Hope Road

Monroe, NC 28112 Multi-Family
MLS#: 3586459 5 beds, bath(s)
Status: Active 1800 sq.ft.

Offered By:

EXP REALTY LLC

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Details

Type
Triplex/Multiplex 
Lot Size
1.280 
Subdivision
none 
Elementary School
Unspecified 
Middle School
Unspecified 
High School
Unspecified 
Equipment
Cable Prewire 
Exterior
Wooded 
Water
 
Year Built
1940 
Status
Active 
Driveway
Gravel 
Laundry Location
Main 
Parking
Carport - 1 Car 
Lot Description
 

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Property Description

Amazing opportunity for either an investor 8-10% CAP or someone to live in one house and rent out the other one. The 3rd house ( The Cabin ) is a 2 Br. / 1 Ba. rentable but just a Bonus w/ no value here. The 2 houses are valued at more than 140K each once repaired, but now asking only 250K for all including the 3rd Bonus house because of work needed. HVAC needs repair in the full Brick house. We prefer not to disturb tenant until there is an accepted offer. The vinyl house was built in 1977. New roof and renovations done in 2006 was rented for $775/month. It is backing up to a beautiful field of corn and soybean. Present tenant in the full Brick house is paying only $600/ month. This rent is way below market as he has been there for so many years. The Small Bonus house that is one bedroom one bath was rented for $300/month. A true historic treasure. Stop by and take a peek. For more details on the houses please see attached Pdf.

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Comparable Homes

Photo Address Rooms Sqft Price
1 1925 Sandy Ridge Road Monroe, NC 28112 3 br/3 ba 1874 $274,900 View
2 2003 Sandy Ridge Road Monroe, NC 28112 3 br/3 ba 2152 $279,900 View
3 800 W Windsor Street Monroe, NC 28112 4 br/3 ba 2030 $240,000 View
4 3212 Red Maple Drive Monroe, NC 28107 3 br/3 ba 1999 $285,000 View
5 2007 E Sandy Ridge Road Monroe, NC 28112 3 br/3 ba 1874 $274,900 View

Neighborhood Statistics*

*Data for the Neighborhood Statistics section is provided by a third-party vendor, not by CarolinaMLS. CarolinaMLS has not verified this information and does not make any guarantees about the content, its accuracy or the timeliness of the information provided.

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