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.
Address
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Address: 309 Morgan Street, Wadesboro, North Carolina 28170
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City: Wadesboro
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State/county: NC
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Zip/Postal Code: 28170
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Area: NONE
Details
Updated on October 1, 2026 at 5:49 pm-
Property ID 4356330
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Price $478,888
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Bedrooms 8
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Bathrooms 8
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Year Built 1890
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Sewer Public Sewer
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Cooling Ceiling Fan(s), Wall Unit(s)
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Heating Wall Furnace
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County Anson
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Property Type Residential
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Parking Driveway, Parking Lot
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Elementary School Wadesboro Primary
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Middle School Anson Middle
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High School Anson Early College
Features
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Down Payment
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Loan Amount
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Property Tax
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Home Insurance
Contact Information
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