Looking for a cash buyer for a great fix and flip/ long term investment/rental property located in Monroe, CT. Spacious 1 bed 2 1/2 bath condo unit located in Monroe's most sought after 55 and over community. One car garage, fully finished basement with 2nd bed room, full bath with walk in shower, large walk in closet, bonus room and dry storage, full walk up attic, and a nice open floor plan on main level. Property is sold "as is" and is subject to probate approval. Needs to be cleaned out (furniture, odds & ends, needs paint, flooring, counter tops and could use a new refrigerator & stove. Exterior and grounds maintained by homeowners association ($300.00 per month association dues). (Buyer to cover closing costs).. estimated resale value of 230k with an estimated 10k and sweat equity needed. Monthly rental potential between $1,800-2,400 per month.
Sold for $350,000 on 05/10/24
Street View
$350,000
50 Highland Dr, Monroe, CT 06468
1beds
1,011sqft
Condo
Built in 1995
-- sqft lot
$382,000 Zestimate®
$346/sqft
$2,484 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate, Linoleum / Vinyl
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 1,011 sqft
Property
Parking
- Parking features: Garage - Attached, Off-street
Features
- Exterior features: Wood
- Has view: Yes
- View description: Territorial
Details
- Parcel number: MONRM126B025L00MD202050
Construction
Type & style
- Home type: Condo
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1995
Community & neighborhood
Community
- Community features: Fifty Five Plus Active Community
Senior living
- Senior community: Yes
Location
- Region: Monroe
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$382,000
2% more+$7,640
With Zillow Showcase(estimated)$389,640