309 Morgan Street
Wadesboro, NC 28170
$499,000 Active

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.

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Basic Information
MLS#: 4356330
Price: $499,000
Square Footage: 5,093
Bedrooms: 8
Bathrooms: 8 Full
Acreage: 0.39
Year Built: 1890
Elementary School: Wadesboro Primary
Middle School: Anson Middle
High School: Anson Early College
Details
Waterfront/water view: No
Parking: Driveway,Parking Lot
HVAC: Wall Furnace
Main level:   Primary Bedroom
Listing Courtesy Of: COMPASS - tatumsellscharlotte@gmail.com

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