309 Morgan St, Wadesboro, NC 28170

Beds: 8
Baths: 8
Sqft: 5,093

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Listed byCOMPASS

1 of 42

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.

Location

Full feature list

Basic info

Property type: House
Number of stories: 2
Number of bedrooms: 8
Number of bathrooms: 8
Square feet: 5,093
Lot size (acres): 0.39
Year built: 1890

Interior features

Laundry: Laundry Room

Utilities

Heating: Wall Furnace
Cooling: Ceiling Fans, Wall Units
Sewer: Public Sewer
Water: Public Water

Public schools

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Sourced from: Canopy MLS MLS®#: 4356330 Last checked: …

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