111 South Hayne Street
Great Restoration Opportunity!
Welcome to 111 South Hayne Street in Historic Downtown Monroe. Historically recognized as ‘The Preslar-Ashcraft House’, this 1908 Neo-Classical home overlooking downtown Monroe offers spacious turn-of-the-century elegance as well as income potential for the entrepreneur. The property is currently configured as a quadplex with 3 small apartments and one large owner’s residence providing a unique opportunity to earn rental income while renovating the property. Because it is zoned “office-transitional” and located near the central business district the property would also be ideal for office or retail space.
Exquisite raised panel wainscot, 5-panel pocket doors & columned, scroll-top archways highlight the entry foyer and formal areas, all in original, stained quarter-sawn oak. Heart-pine tongue & groove wainscot dress out the service areas as well as the main living quarters.
Nine fireplaces, beveled mirror over-mantels, heart-pine flooring, two-tier master staircase, full length bay windows, ball & claw-foot tubs and original brass light fixtures await you behind the massive full-wrap front porch.
Out back, the workshop & garage built in 1988 tempts you with almost 1000 SF of work & play area, featuring gas heat, A/C, water heater, stainless steel sink, custom built-in shelving, racks, heavy-duty work benches, and multi-outlet compressed air lines.
Property Photos
Photos of Extensive Repairs
Location
