Multi-Family $ 0

1212 W Monroe ST

Salisbury, NC 28144

  • 5 Beds
  • 4 Baths
    Full Baths: 3 Half Baths: 2
  • 2,188 SqFt
  • 10,018 Lot Size
  • 1900 Year Built
Discover a rare income-producing opportunity with this charming triplex located at 1212 W Monroe Street in Salisbury, NC. This value-driven multifamily property is already structured for success with three separate units—featuring a mix of 2-bedroom and 1-bedroom layouts—making it perfectly positioned to generate multiple streams of rental income from day one.

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.
Listed by Scott Bauknight of Lifestyle International Realty

PROPERTY DETAIL

  • 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

  • Location

    State NC

    County Rowan

    Zoning NMX

  • Rooms

    Basement Apartment

  • Building

    Dwelling Type Site Built

    Foundation Basement

    Sewer Public Sewer

    Water City

    Structure Type Vinyl

    New Construction false

  • 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

  • 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

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