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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 6.57% last updated on 2023-05-25

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

3150 New Leicester Highway Leicester NC 28748
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  • 10Bedrooms
  • 6,638Square Feet
  • 1.38Acreage
  • 1991Year Built
Investors, this is for you! This five-unit, well-cared-for multifamily property currently brings in over $65K gross income with low expenses. Around 20 minutes from downtown Asheville, there is room to grow in space that is finished but currently being used as storage - could easily be made into another unit (kitchen and bathroom in place). The first building has storage on the first floor (potential for another unit) with a 2/1 unit upstairs and a 1/1 unit attached to the back. The larger home consists of 3 units: 3/1.5, 2/2.5, 2/3. The convenience of New Leicester Hwy, availability of high speed internet, and peaceful creek lining the property boundary make this an attractive rental. All units leased! Property consists of 3 parcels/addresses: 3150 New Leicester Highway / 879134590000000, 6 S Turkey Creek Road / 879134483200000, 10 S Turkey Creek Road / 879134274700000. MOBILE HOME REMOVED FROM PROPERTY. NOT INCLUDED IN SALE. SELLER FINANCING POSSIBLE. SEE ATTACHMENTS & AGENT REMARKS.
Listed by Lacey Townsend of LOVE Land and Home Inc.

Listing Sold by Modern Mountain Real Estate Company LLC

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Basic Information

  • List Price$700,000
  • MLS NumberCAR3759154
  • MLS StatusClosed
  • Sale Date05/18/2023
  • Sale Price$616,130


  • Acreage1.38
  • Lot DescriptionCreek Front, Level, Paved, Creek/Stream, Views
  • Units5
  • Water Source Shared Well

Property Information

  • Construction Materials Vinyl
  • Square Feet6,638

Tax Information

  • Taxes$688,600


  • Parking SpacesAttached Garage, Parking Space(s) 0.00


  • Building Number3150
  • CountyBuncombe
  • Directions Take New Leicester Highway from Asheville for 10 miles. Property is located at corner of S Turkey Creek Road and New Leicester Highway. If you get to the Dollar General in Leicester you just passed it on the left.
  • Road Surface Type Asphalt, Paved
  • StateNC
  • StreetNew Leicester Highway
  • Zip28748

Water Body

  • Water Features["None"]


  • View Count48

School Information

  • Elementary SchoolLeicester/Eblen
  • High SchoolClyde A Erwin
  • Junior HighClyde A Erwin


  • Bedrooms10
  • Full Bath8
  • Half Baths2
  • Total Primary HLA6638
  • Year Built1991


  • Cooling ["Ceiling Fan(s)", "Heat Pump"]
  • Heating Heat Pump
  • Sewer Shared Septic


  • Appliances Included
    • Dishwasher
    • Dryer
    • Electric Range
    • Electric Water Heater
    • Oven
    • Refrigerator
    • Washer
  • Laundry Features Main Level
  • Other AmenitiesWaterfront

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2023 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of June 1, 2023 6:48 AM EDT . 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. Some IDX listings have been excluded from this website.

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