Leaf Image
309 Morgan Street
$499,000
Wadesboro, NC, 28170
singlefamily
8
8
Lot Size: 0.39 Acres
MLS #CAR4356330 image #0
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

Ask a Question
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
Wadesboro PrimaryAnson MiddleAnson Early CollegeConditional
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

See this Listing

Send
  

Mortgage Calculator

 

Similar Listings Nearby

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam erat urna, scelerisque sed posuere dictum, mattis etarcu.

broker reciprocity
MLS# CAR4346640broker reciprocity
515 Camden Road
Wadesboro, NC

$539,500

0.3 miles away

broker reciprocity
MLS# CAR4364530broker reciprocity
207 Williamsburg Lane
Wadesboro, NC

$460,000

1.0 miles away

broker reciprocity
MLS# CAR4259702broker reciprocity
206 Rose Terrace
Wadesboro, NC

$375,000

0.2 miles away

broker reciprocity
MLS# CAR4345518broker reciprocity
313 E Martin Street
Wadesboro, NC

$369,999

0.4 miles away

broker reciprocity
MLS# CAR4390107broker reciprocity
0000 Country Club Road
Wadesboro, NC

$349,977

1.9 miles away

309 Morgan Street
Wadesboro, NC