16 Beds

16 Full baths

7,594 SqFt

Closed

Fully leased eight-plex located off New Leicester Hwy. Property is on well and septic with no interior common areas to maintain. Located in a quiet, peaceful and scenic area and close to town. All units have decks and a view. Property management company in place and knows all tenants and the property. See the attached list of expenses. Some of the expenses should be less going forward. Some rents are lower at $1275 and $1400. Others are at market value bringing $1600. The rent amounts could easily all be brought up to market and bring in an additional $1562 a month for the complex.

Property Details
Price $1,335,000
Close Price $1,200,000
Bedrooms 16
Full Baths 16
Half Baths 0
Lot Size Area 1.9
Lot Size Area Units Acres
Property Type MultiFamily
MLS Sub type Eightplex
Stories 2
Year Built 2008
Roof Shingle
Heating Heat Pump
Foundation Crawl Space
Lot Description Cleared, Cul-De-Sac, End Unit, Paved, Views
Laundry Features Electric Dryer Hookup, Washer Hookup
Parking Description Driveway, Parking Lot
Garage spaces 1
Geographic Data
County Buncombe
Latitude 35.60946942
Longitude -82.65699154
Address Information
Address 50/52 Smith Road, Leicester, NC 28748
Postal Code 28748
City Leicester
State NC
Country United States
Listing Information
Listing Office House In Order, LLC
Listing Office Phone 828-484-1571
Listing Agent Aaron Kraft
Listing Agent Phone 828-545-9953
Attribution Contact akraft@weichertunlimited.com
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
School Information
Elementary School Unspecified
Middle School Unspecified
High School Unspecified
MLS Information
Days on market 29
MLS Status Closed
Listing Date Jul 2, 2024
Listing Last Modified Oct 22, 2024
Tax ID 961936186500000
MLS # CAR4157433

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This information is believed to be accurate, but without any warranty.