Monroe · Monroe, NC
911 Plyler Street
Monroe, NC · 1,484 sqft
$295,500
Reduced from $310,000
- 4Beds
- 2Baths
- 1,484SqFt
- 1960Year
- 21Days on market
About this home
TURNKEY INVESTMENT OPPORTUNITY – FULLY RENOVATED 4-BEDROOM RENTAL
Now Offered at $295,500
Investor and 1031 Exchange Opportunity! This extensively renovated 4-bedroom, 2-bath home offers immediate rental income, major system upgrades, and long-term appreciation potential in one of Union County's growing residential markets.
Completely rebuilt and renovated from the foundation to the roof, the property has undergone significant improvements including a new roof, HVAC system, electrical, plumbing, insulation, drywall, flooring, windows, doors, fixtures, and finishes throughout. These extensive upgrades help minimize future maintenance costs and provide the benefits of a substantially newer home.
The spacious floor plan features four bedrooms, two full baths, and a beautifully updated kitchen with granite countertops, modern soft-close cabinetry, and contemporary finishes throughout.
Conveniently located near downtown Monroe, shopping, dining, schools, parks, and major commuter routes, the property benefits from strong rental demand and continued area growth.
Property is currently tenant occupied and generating rental income under an existing lease.
SELLER INCENTIVES:
• Seller will contribute up to $3,000 toward buyer closing costs for cash purchases closing within 10 days.
Whether you are seeking a 1031 exchange replacement property, expanding your rental portfolio, or looking for a low-maintenance income-producing asset, this property offers exceptional value at today's pricing.
Lease information and operating expenses available during due diligence.
Property details
- Beds
- 4
- Baths
- 2
- SqFt
- 1,484
- Lot
- —
- Year built
- 1960
- Type
- Single Family
- Days on market
- 21
- Heating
- Central, Heat Pump
- Cooling
- Heat Pump
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,174/ month
- Principal & interest
- $1,830
- Property tax (~1.05%)
- $258
- Homeowners insurance
- $86
- HOA dues
- —
Down payment
$14,775 down · $280,725 financed
Income to qualify (28% rule)
~$93,208 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.