309 Morgan Street, Wadesboro, NC 28170
- $478,888
- 8
- BD
- 8
- BA
- 5,093
- SqFt
- List Price
- $478,888
- Status
- ACTIVE
- Days on Market
- 163
- Price Change
- ▼ $20,112 1784770830
- MLS#
- 4356330
- Year Built
- 1890
- Bedrooms
- 8
- Bathrooms
- 8
- Full Baths
- 8
- Living Area
- 5,093
- Lot Size
- 16,988
- Acres
- 0.39
- Neighborhood
- No Neighborhood
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.
/u.realgeeks.media/homelandrealtygroup/homeland_realty_logo_cropped.png){kind=logo}
Additional Information
- Appliances
- Electric Water Heater
- Heating
- Wall Furnace
- Air Conditioning
- Ceiling Fan(s), Wall Unit(s)
- Exterior Construction
- Site Built
- Levels
- Two
- Foundation
- Crawl Space
- Parking
- Driveway, Parking Lot
- Elementary School
- Wadesboro Primary
- Middle School
- Anson Middle
- High School
- Anson Early College
Listing courtesy of COMPASS. tatumsellscharlotte@gmail.com
“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”
Last Updated: