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 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 163 |
| Listing Provided By | COMPASS | Drew Tatum |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 5,093 |
| Story(s) | 2 |
| Acreage | 0.39 |
| Cooling | Ceiling Fan(s), Wall Unit(s) |
|---|---|
| Heating | Wall Furnace |
| Appliances | Electric Water Heater |
| Construction Materials | Wood |
|---|---|
| Foundation Details | Crawl Space |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Parking Lot |
| List Aor | Canopy Realtor Association |
|---|
| Property | 215700 |
|---|
| State | NC |
|---|---|
| County | Anson |
| City | Wadesboro |
| Zip Code | 28170 |
| Area | Anson |
| School District | Anson Early College |
| Elementary School | Wadesboro Primary |
| High School | Anson Early College |
| Listing VS Median (in 28170) | |
Price: $478,888 low | high Med: $209,999 sqft: 5,093 low | high Med: 1,232 $ / sqft: $94 low | high Med: $170 On site: 163 low | high Med: 111 | |
| State | NC |
|---|---|
| County | Anson |
| City | Wadesboro |
| Zip Code | 28170 |
| Area | Anson |
| School District | Anson Early College |
| Elementary School | Wadesboro Primary |
| High School | Anson Early College |
| Listing VS Median (in 28170) | |
Price: $478,888 low | high Med: $209,999 sqft: 5,093 low | high Med: 1,232 $ / sqft: $94 low | high Med: $170 On site: 163 low | high Med: 111 | |