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523 Plank Road

Wadesboro, NC 28170

5 beds
2.5 baths
2,490 sqft
~2 acre lot
$60 per sqft
1908 build
– on site

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Fantastic investor opportunity! This duplex has one 3 bedroom/1.5 bath unit and one 2 bedroom/1 bath unit with new roof, new gutters, new laminate wood and carpet flooring, new central HVAC, replacement windows, and a large covered front porch. There is an additional unit at the back of the home that has a separate entrance that could easily be up fitted into a studio apartment. It is located on just over an acre and a half, so there is plenty of opportunity for future development of the land. The home has city water and sewer as well as separate power meters for each unit. Both units are currently tenant occupied, and they are bringing in a total of $1400.00/month. Current tenants are in a one year lease which ends on 6/23/2023.

Listing courtesy of CMLS / Plank Road Realty

Last checked: Checking… • Last updated Jun 11, 2024 •

MLS# 4007769 —

The Building

Year Built:

1908
New Construction:

false
Construction Type:

Site Built
Subtype:

Duplex
Construction Materials:

Wood
# of Units Total:

2
Roof:

Metal
Foundation Details:

Crawl Space
Stories:

2
Patio And Porch Features:

Covered, Front Porch
Building Area Total:

2490

Interior

Flooring:

Carpet, Laminate, Linoleum
Living Area:

2490
Fireplace:

true

Location

Latitude:

35.10809118
Longitude:

-80.11340979

The Property

Type:

Residential Income
Lot Features:

Corner Lot
Lot Size Dimensions:

Irregular
Lot Size Area:

1.66
Lot Size Units:

Acres
Zoning Specification:

RES
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Dirt, Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

6469-11-76-0007-00
Tax Assessed Value:

55100

Beds

Bedrooms Total:

5

Baths

Full Baths:

2
Half Baths:

1

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central, Heat Pump
Cooling:

Central Air, Electric

Utilities

Sewer:

Public Sewer
Water Source:

City

Appliances

Appliances:

Electric Water Heater, None
Laundry Features:

In Kitchen, Main Level

Schools

Elementary School:

Unspecified
Middle School:

Unspecified
High School:

Unspecified

The Community

Subdivision Name:

None
Proposed Special Assessment:

No
HOA Subject To:

None
Senior Community:

false
Pets Allowed:

Yes

Parking

Parking Features:

Driveway
Garage:

false
Main Level Garage:

No
Carport:

false
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
6/12/23 Jun 12, 2023	Sold	CMLS	$150,000	-25.0%
4/15/23 Apr 15, 2023	Pending	CMLS	$200,000
3/6/23 Mar 6, 2023	Listed / Active	CMLS	$200,000	90.5% (71.4% / YR)

Multifamily Sold on 6/12/2023

$150,000

Listing provided by broker:

Caty Edwards

Plank Road Realty

caty@plankroadrealty.com

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Based on information submitted to the MLS GRID as of 12/24/2024 10:57 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.

523 Plank Road

Wadesboro, NC 28170