516 Cross Street, Sanford, NC 27330
Local realty services provided by:ERA Strother Real Estate
516 Cross Street,Sanford, NC 27330
$349,500
- 4 Beds
- 2 Baths
- 1,928 sq. ft.
- Multi-family
- Active
Listed by: andrea andrado ochoa
Office: collective realty llc.
MLS#:10150193
Source:RD
Price summary
- Price:$349,500
- Price per sq. ft.:$181.28
About this home
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....
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Home facts
- Year built:1951
- Listing ID #:10150193
- Added:57 day(s) ago
- Updated:May 01, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:1
- Flooring:Tile, Wood
- Kitchen Description:Electric Range, Electric Water Heater, Refrigerator
- Living area:1,928 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Forced Air, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1951
- Building area:1,928 sq. ft.
- Lot area:0.25 Acres
- Architectural Style:Traditional
- Construction Materials:Vinyl Siding
- Exterior Features:Storage
- Levels:One
Schools
- High school:Lee - Lee
- Middle school:Lee - West Lee
- Elementary school:Lee - B T Bullock
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$349,500
- Price per sq. ft.:$181.28
- Tax amount:$2,063
Features and amenities
- Appliances:Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Laundry features:Dryer, Inside, Washer
- Amenities:Ceiling Fan(s), Electric Water Heater, Washer
Parking
- Parking description:On Street
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