3 units on 6 AC | Develop OR Hold

3 units on 6 AC | Develop OR Hold

3211 Old Charlotte Hwy, Monroe, NC
Price
$0.65M
Units
3
Status
active

Investment Highlights

  • Water & Sewer accessible
  • Immediate Income through occupied units

Property Description

This ±6-acre property includes two parcels and 3 occupied units (single family home and duplex) that offer immediate income until the site is developed or to hold long term! This site is positioned well on Old Charlotte Hwy with proximity to Monroe, Indian Trail, US-74 and lots of new residential development in the area. Zoned RMD through the City of Monroe, the site allows for both singlefamily detached and townhome-style attached housing, with by-right zoning supporting 3 units per acre. Water and sewer are accessible.

Offering Materials

Access detailed financial information, rent rolls, and the offering memorandum.