202 Laurel Avenue, Wadesboro, NC 28170 (MLS# 100498249)
202 Laurel Avenue, Wadesboro, NC 28170
$1,342,500
Property Type:
Comm Sale or Lease
Square Footage:
15,600
Lot Size (sq. ft.):
632,056
Status:
Pending with Showings
Current Price:
$1,342,500
List Date:
4/01/2025
Last Modified:
7/12/2025
Description
Twenty-four(24) unit income restrictive multifamily property located in Wadesboro. In addition to the 24 units that site on 4.28 acres, there are two additional 10.23 acres of vacant land that is included with the sale, There are rent restrictions on 10 units at 50% of Anson County MFI and 14 units at 60% MFI. There are not deed restrictions to the vacant land. The deed restriction on the income does expire in the next few years. Possible financing arrangement available through NCHFA. Great investment opportunity with expansion options.
More Information MLS# 100498249
Contract Info
Available Date: 2025-03-31
Status: Pending with Showings
Delayed Marketing?: No
Marketing Start Date: 2025-04-01
Sub-Type: Multi Family
Garage: N/A
Space: Yes
Sale/Lease: Sale
Listing Price: 1342500
Current Price: $1,342,500
List Price/SqFt: 86.06
Stipulation of Sale: Standard
Location Information
Street #: 202
Street Name: Laurel
Street Suffix: Avenue
County: Anson
State/Province: NC
Zip Code: 28170
City Limits: Yes
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.94925
Geo Lon: -80.072587
Remarks and Showing
Directions to Property: 74 West to 52 South, right on Morven Road, then left on Burns and then Right on Laurel Avenue.
Sign on Property: No
Building Info
New Construction: No
BuildingExt Features
SqFt - Heated (Primary): 15600
Legal and Taxes
Tax Assessed Value: 786700
Deed Book: 581
Deed Page: 344
Legal: 3Pp 647308881061 A-170-509 Old Res#647308885261
Broker Owner: No
PID: 6473-0-8-88-5
Tax Identifier: 6473-0-8-88-5
Special Assessments: None
Tax Year: 2024
Year Built: 2002
Zoning: R-20
HOA: No
Cobra Zone: No
Status Change Info
Under Contract Date: 2025-05-04
Financial Info
Financial Info: Yes
Property Features
Business Type: Other
HOA and Neigh Amenities: Laundry; Trash
Attic: Access Only
Basement: None
Construction: Wood Frame
Exterior Finish: Vinyl Siding
Flooring: Carpet; Vinyl
Foundation: Slab
Fuel Tank: None
Green Bldg Features: None
Parking Features: Asphalt; Off Street; On Site; Parking Lot; Paved; Private
Roof: Shingle
Lot Description: Other
Current Use: Residential
Location: Residential
Lot Water Features: None
Cooling: Central Air
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Terms: Cash; Conventional; See Remarks
Lease Types: See Remarks
Listing Office: Intracoastal Realty Corp
Last Updated: July - 12 - 2025
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