1212 W Monroe ST Salisbury, NC 28144
5 Beds
4 Baths
2,188 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,188 sqft
Price per Sqft $180
MLS Listing ID 4373518
Bedrooms 5
Full Baths 3
Half Baths 2
Abv Grd Liv Area 1,688
Year Built 1900
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Triplex
Property Description
Currently undergoing renovations, this property presents a powerful advantage for savvy investors who understand the upside of buying during transformation. As improvements continue, the potential for increased rental rates, forced appreciation, and long-term equity growth becomes even more compelling. Imagine securing a property before its full value is realized—this is where strategic investors win.
The exterior showcases a classic design with a welcoming covered front porch, while the interior layout offers functional living spaces ideal for tenants seeking comfort and convenience. With approximately 2,188 heated square feet and additional basement space, there is room to enhance value even further.
Positioned on a .23-acre lot with city water and sewer, and located near local amenities, this property benefits from both accessibility and demand. Even more appealing—all utilities are currently owner-paid, offering flexibility to restructure expenses and maximize ROI.
Whether you're looking to house hack, expand your rental portfolio, or secure a cash-flowing asset in a growing market, this property checks all the boxes. Opportunities like this—where timing, value, and potential intersect—don't stay available for long.
Act now to capitalize on this renovation-stage investment before it reaches full market potential.
Location
State NC
County Rowan
Zoning NMX
Rooms
Basement Apartment
Interior
Heating Heat Pump
Cooling Central Air
Appliance None
Laundry Laundry Closet
Exterior
Community Features None
Waterfront Description None
Street Surface Concrete,Paved
Garage false
Building
Dwelling Type Site Built
Foundation Basement
Sewer Public Sewer
Water City
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Isenberg
Middle Schools Knox
High Schools Unspecified
Others
Pets Allowed Yes
Senior Community false
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Special Listing Condition None
NEARBY SCHOOLS & PROPERTIES
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "