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3211 Old Charlotte Hwy 6 Acres of Residential Land Offered at $650,000 in Monroe, NC 28110
INVESTMENT HIGHLIGHTS
- Well positioned
- High Growth Submarket
- Immediate Rental Income
EXECUTIVE SUMMARY
This ±6-acre property includes two parcels and two existing structures (single family home and duplex) that are currently occupied and 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 single family detached and townhome-style attached housing, with by-right zoning supporting 3 units per acre. Water and sewer are accessible.
PROPERTY FACTS
| Price | $650,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 6.00 AC |
| Property Type | Land | ||
| Zoning | RMD - Residential | ||
| Price | $650,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 6.00 AC |
| Zoning | RMD - Residential |
1 LOT AVAILABLE
Lot
| Price | $650,000 | Lot Size | 6.00 AC |
| Price Per AC | $108,333.33 |
| Price | $650,000 |
| Price Per AC | $108,333.33 |
| Lot Size | 6.00 AC |
PROPERTY TAXES
| Parcel Number | 09-339-004-A | Improvements Assessment | $0 |
| Land Assessment | $5,500 | Total Assessment | $5,500 |
PROPERTY TAXES
Parcel Number
09-339-004-A
Land Assessment
$5,500
Improvements Assessment
$0
Total Assessment
$5,500
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3211 Old Charlotte Hwy
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