13 Newfound Street

Canton, NC 28716

About this property

Investment opportunity with $158k NOI in the heart of Canton, NC - this 18-unit, 14,646 SF historic apartment building sits on a 0.19-acre lot and delivers strong rental income with no vacancies and a waitlist. Featuring a mix of studio, one-, and two-bedroom units filled with natural light, the property is home to many long-term tenants. Ideally located within walking distance to shops, restaurants, and breweries such as BearWaters Brewing and Southern Porch, and just minutes from Ingles, Food Lion, and downtown Waynesville, with convenient access to I-40 for a quick 15-20 minute drive into Asheville. A rare, income-producing asset in a growing marketplease do not disturb tenants. Contact listing agent for details.

About this property

Investment opportunity with $158k NOI in the heart of Canton, NC - this 18-unit, 14,646 SF historic apartment building sits on a 0.19-acre lot and delivers strong rental income with no vacancies and a waitlist. Featuring a mix of studio, one-, and two-bedroom units filled with natural light, the property is home to many long-term tenants. Ideally located within walking distance to shops, restaurants, and breweries such as BearWaters Brewing and Southern Porch, and just minutes from Ingles, Food Lion, and downtown Waynesville, with convenient access to I-40 for a quick 15-20 minute drive into Asheville. A rare, income-producing asset in a growing marketplease do not disturb tenants. Contact listing agent for details.

Features and Additional Information

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$1,950,000 Active
14,646 sqft

Presented By Coldwell Banker Summit

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Get in touch today! Phone: 1-828-596-8508
Brokerage
Likewise Commercial Real Estate
1-828-222-3685

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Listed By Abigail Farrow
Brokerage: Likewise Commercial Real Estate

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