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516 Cross ST, Sanford, NC 27330
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516 Cross ST, Sanford, NC 27330
516 Cross ST, Sanford, NC 27330
516 Cross ST, Sanford, NC 27330
516 Cross ST, Sanford, NC 27330
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Listed by Collective Realty LLC
$ 349,500
Est. payment /mo
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Active

516 Cross ST Sanford, NC 27330

4 Beds

2 Baths

1,928 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,928 sqft

Price per Sqft $181

Subdivision Mckernon Heights

MLS Listing ID 10150193

Style Traditional

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1951

Annual Tax Amount $2,063

Lot Size 1,928 Sqft

Acres 0.25

Property Sub-Type Duplex

Source Doorify MLS

Land Area 1928

Property Description

Prime Duplex Opportunity in Historic Sanford - Invest or Owner-Occupy!

Discover this beautifully renovated duplex at 516-518 Cross St, Sanford, NC 27330 - a smart choice for savvy investors or homeowners looking to live comfortably while generating rental income. Priced at just $349,500, this 1,928 sqft property on a spacious 0.25-acre lot offers incredible value in a charming historic neighborhood close to vibrant downtown Sanford.

Key Features:
Dual Units for Flexibility: Each side boasts 964 sqft with 2 bedrooms, 1 bathroom, and gleaming hardwood floors. Modern updates include central cooling, vinyl exterior, private rear decks, covered front porches, and a sturdy shingle roof on a crawl/raised foundation - built in 1951 but renovated for today's lifestyles.

Income Potential: One unit is already leased to a reliable long-term tenant, providing immediate cash flow. The vacant side is ready for showings - perfect for owner-occupiers to move in and rent out the other half to offset your mortgage. With a Rent of $2,400/month total for both sides this could yield strong returns.

Lifestyle Perks: Enjoy territorial and city views from this well-maintained gem. All appliances are included, and the location puts you steps from downtown amenities, shops, and community vibes.

For Investors: Turnkey rental with one side occupied - minimal vacancy risk! Capitalize on Sanford's growing market for steady appreciation and passive income.

For Owner-Occupiers: Live in one unit while renting the other. Ideal for first-time buyers, downsizers, or anyone seeking affordable housing with built-in revenue.

Don't miss this versatile property. Serious inquiries only.

Location

State NC

County Lee

Community Mckernon Heights

Area 0.25

Interior

Interior Features Ceiling Fan(s)

Cooling Central Air

Flooring Tile, Wood, See Remarks

Fireplace No

Appliance Dryer, Washer

Exterior

Exterior Feature Storage

Parking Features On Street

Roof Type Shingle

Garage No

Building

Story One

Water Public

Architectural Style Traditional

New Construction No

Schools

Elementary Schools Lee - Benjamin T Bullock Elementary School

Middle Schools Lee - West Lee Middle School

High Schools Lee - Lee County High School

Others

Senior Community No

Tax ID 964340222400

Acceptable Financing Cash, VA Loan, Other

Listing Terms Cash, VA Loan, Other


Doorify MLS
Tamisha Lane
Tamisha Lane

Principal Broker | Broker-in-Charge | Owner | License ID: 327561

+1(919) 866-9302 | tamishalane@auraliaresidential.com

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516 Cross ST