309 Morgan Street, Wadesboro, NC 28170
- $478,888
- 8
- BD
- 8
- BA
- 5,093
- SqFt
Listing courtesy of COMPASS. tatumsellscharlotte@gmail.com
- List Price
- $478,888
- MLS#
- 4356330
- Status
- ACTIVE
- Days on Market
- 138
- Property Type
- Residential
- Year Built
- 1890
- Price Change
- ▼ $20,112 1784770830
- Bedrooms
- 8
- Bathrooms
- 8
- Full Baths
- 8
- Lot Size
- 16,988
- Lot Size Area
- 0.39
- Living Area
- 5,093
- Sq Ft Total
- 5093
- County
- Anson
- Subdivision
- No Neighborhood
- Special Conditions
- None
Property Description
Beautiful historic home that has been converted to 8 apartments within walking distance to downtown Wadesboro. Currently generating over $59k in net cash flow generating over an 11% Cap rate!!! This building has maintained much of it's charm over the years with original hardwood floors and other classic accents throughout the building. Currently 8 of the apartments are occupied and many have been painted and refurbished. Most of the tenets have lived at this property for over a year. This property is a great opportunity for a savvy investor or anyone who loves big historic homes.
Additional Information
- Equipment
- Electric Water Heater
- Foundation
- Crawl Space
- Main Level Rooms
- Primary Bedroom
- Laundry Location
- Laundry Room
- Heating
- Wall Furnace
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Wood
- Parking
- Driveway, Parking Lot
- Driveway
- Gravel
- Construction Type
- Site Built
- Elementary School
- Wadesboro Primary
- Middle School
- Anson Middle
- High School
- Anson Early College
- Total Property HLA
- 5093
- Master on Main Level
- Yes
Mortgage Calculator
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