516 Cross St, Sanford, NC 27330

$349,500
4
BD
2
BA
1,928
SqFt

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Seller Representative Collective Realty LLC

List Price
$349,500
Status
ACTIVE
Days on Market
27
MLS#
10150193
Subtype
Residential
Style
Traditional
Year Built
1951
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,928
Lot Size
10,890
Acres
0.25
Subdivision
Mckernon Heights

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.

Additional Information

Interior Features
Ceiling Fans
Exterior Features
Storage
Taxes
$2,063
Property Description
Traditional
Flooring
Other, Tile, Wood
Appliances
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Heating
Central, Forced Air, Heat Pump
Air Conditioning
Central Air
Stories
1
Levels
One
Roof
Shingle
Foundation
Crawl Space
Parking Features
On Street
Elementary School
Lee - Benjamin T Bullock Elementary School
Middle School
Lee - West Lee Middle School
High School
Lee - Lee County High School

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .