309 Morgan Street
$499,000
- 8
Beds - 8
Baths - 0
Half Baths - 5093
Sqft - 0.39
Acres
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.
MLS #: 4356330
Listed By: COMPASS
Status: Active
Attribution: [email protected]
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