Rare opportunity in Monroe! Ideal for investors, builders, contractors, or buyers looking to create their dream home, this 1,512-square-foot ranch is set on a level 0.52-acre lot along the Monroe/Newtown/Oxford border, just minutes from Lake Zoar. Offering the ease of one-level living, the home features four bedrooms, two full baths, a covered front porch, and a full unfinished walk-out basement with excellent potential for future living space. Recent improvements include a newer well and hot water heater. Whether you're looking to restore its original charm or renovate with today's finishes, this property offers endless possibilities and exceptional value. Enjoy all that Monroe has to offer, including Wolfe Park with walking, hiking and biking trails, the town pool, Great Hollow Lake, Web Mountain Park, award-winning schools, the local farmers market, shopping, restaurants, and convenient access to major highways. Excellent value for the right price. Don't miss this chance to transform this property into something truly special at a great price!