3150 New Leicester Highway, Leicester NC Real Estate Listing

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.

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.

More Info

Basic Information

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

Property

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

Property Information

Construction Materials Vinyl
Square Feet6,638

Legal

Parcel Number 879134274700000,879134483200000,879134590000000

Tax Information

Taxes$688,600

Parking

Parking SpacesAttached Garage, Parking Space(s) 0.00

Location

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"]

Other

View Count48

School Information

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

Building

Bedrooms10
Full Bath8
Half Baths2
Total Primary HLA6638
Year Built1991

Utilities

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

Amenities

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

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