303 Lancaster Avenue, Monroe, NC 28112

$181,000 Asking Price

6 beds
2 baths
3,303  sqft
Built in 1939

**Upset bid has been received, see below.** Amazing opportunity for reviving an Classic home located in the Historic overlay of Monroe. Just seconds to all the new hot spots in Monroe. This home was built as a duplex and features two living rooms with fireplaces. The home needs renovation or restoration services. The home is sold in current condition. Per Monroe City Planning - Zoned RMD (Residential Medium Density) - the home also falls within Monroe Historic district overlay - May have to conform to single family usage even though it is a duplex by design. Home may have lost its ability to be a duplex. Contact Planning Department at 704-282-4550 for more info. Possible shared driveway agreement. This home is Administrator's sale and subject to a 10 day upset bid period ending 6/20, upset bid price must be $252,000 or more to upset. 5% earnest money deposit required to clerk of court, no due diligence necessary . Sold As-Is, Where-Is. No repairs will be made or negotiated.


Features & Amenities

Interior

Appliances:
None
Laundry:
None
A/C:
N/A
Heating:
None

Exterior

Parking:
Driveway, Detached Garage

Construction

General:
Site Built, Crawl Space

Location

Road/Access:
Asphalt, Paved
Originating MLS:
carolina
County:
Union

Lot

Zoning:
AQ5, 09-235-105

Utilities

Water:
City
Sewer:
Public Sewer

Financial

Source:
carolina
Buyers Agent Compensation:
2.5 %

This listing courtesy of:
My Townhome

About Monroe, NC

Housing

Number of Units
31,209
Median Home Value
$207,055
Median Rent
$815

25.94% of housing units are renter occupied.

5.12% are vacant.

Commute

Car
83.56%
Public Transportation
0.18%
Walk to Work
0.42%
Work from Home
15.09%
Other
0.56%

The median travel time to work is 26 minutes.

People

Population
82,661
Median Age
38.70
Median Household Size
2.96

Education

High School
30.77%
Associate’s Degree
9.38%
Bachelor’s Degree
14.36%
Graduate Degree
5.20%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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