$499,000
Est. Payment: $2,565/mo
Adjust down payment, rate & terms
309 Morgan St, Wadesboro, NC 28170
Wadesboro, NC 28170
8
bedrooms
8
baths
5,093
sq.ft.
$98
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
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.
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About the Neighborhood
Looking for the perfect Residential in Wadesboro? The 28170 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Beds Total: 8
- Full Baths: 8
- Half Baths: 0
- Year Built: 1890
- Living Area: 5,093 sqft
- New Construction: No
- MLS #: 4356330
Additional Home Features
- Subdivision: None
- Neighborhood: None
Association
- HOA Required: No
Interior Features
- Heating: Wall Furnace
- Cooling: Ceiling Fan(s), Wall Unit(s)
- Laundry Room
Appliances
- Electric Water Heater
Construction Materials
- Wood
- Foundation: Crawl Space
Cooling
- Ceiling Fan(s)
- Wall Unit(s)
Foundation Details
- Crawl Space
Heating
- Wall Furnace
Laundry Features
- Laundry Room
Levels
- Two
Parking Features
- Driveway
- Parking Lot
Pets Allowed
- Conditional
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Gravel
Sewer
- Public Sewer
WaterSource
- City
Fireplace
- Fireplace: No
Location
LISTING COURTESY OF: COMPASS
tatumsellscharlotte@gmail.com
$499,000
Est. Payment: $2,565/mo
Adjust down payment, rate & terms
Wadesboro, NC 28170
8
bedrooms
8
baths
5,093
sq.ft.
$98
price per sf
Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of COMPASS
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
$499,000
309 Morgan Street
8 bed, 8 bath