309 Morgan Street
$499,000
Wadesboro, NC, 28170
singlefamily
8
8
Lot Size: 0.39 Acres
ABOUT
Property Information
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.
SPECIFICS
Property Details
Price:
$499,000
MLS #:
CAR4356330
Status:
Active
Beds:
8
Baths:
8
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Mar 19, 2026
Finished Sq Ft:
5,093
Lot Size:
16,988 sqft / 0.39 acres (approx)
Year Built:
1890
AMENITIES
Interior
Above Grade Finished Area
5093
Appliances
Electric Water Heater
Bathrooms
8 Full Bathrooms
Cooling
Ceiling Fan(s), Wall Unit(s)
Heating
Wall Furnace
Laundry Features
Laundry Room
Levels
Two
AMENITIES
Exterior
Construction Materials
Wood
Parking Features
Driveway, Parking Lot
NEIGHBORHOOD
Schools
Elementary School:
Wadesboro Primary
Middle School:
Anson Middle
High School:
Anson Early College
FINANCIAL
Financial
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309 Morgan Street
Wadesboro, NC






