516 Cross Street
Sanford, NC 27330Prime 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.
$349,500
4 bedrooms
2 full bathrooms
0.25 acres
1,928 square feet
$181 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Vinyl Siding
- Exterior Features Storage
- Lot Size Acres 0.25
- Parking Features On Street
- Structure Type Duplex
- Above Grade Finished Area 1,928
- Appliances Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Cooling Central Air
- Cooling Y/N Yes
- Flooring Tile, Wood, See Remarks
- Heating Central, Forced Air, Heat Pump
- Heating Y/N Yes
- Interior Features Ceiling Fan(s)
- Laundry Features Inside
- Rooms Total 1
- Tax Annual Amount 2063.09
- Water Source Public
- Year Built 1951
Additional Property Information
- TypeDuplex
- Built1951
- NeighborhoodMcKernon Heights
- CountyLee
- AreaSanford
- Elementary SchoolLee - B T Bullock
- Middle SchoolLee - West Lee
- High SchoolLee - Lee
Listing courtesy of Collective Realty LLC. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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