3150 New Leicester Highway

Leicester, NC 28748

$616,130
Last Sold Price
10
Beds
8
Baths
2
1/2 Baths
6,638 Sq. Ft.
$93 / Sq. Ft.
6,638
Sq. Ft.
$93
per Sq. Ft.

Description

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...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.
  1. Listed by Lacey Townsend • LOVE Land and Home Inc. • lovelandandhome@gmail.com

Property Details for 3150 New Leicester Highway

Waterfront Features
None
View
Mountain(s)
Parking Features
Attached Garage, Parking Space(s)
Subdivision Name
None

Location

Listing Courtesy of LOVE Land and Home Inc.

Sold By Modern Mountain Real Estate Company LLC

Add your commute
LISTING UPDATED: 05/20/2023 12:40 PM

Property Details for 3150 New Leicester Highway

StatusClosed
MLS #3759154
Days on Market542
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1991
Lot Size1.38 AC / 60,112 SF
CountyBuncombe County

Location

Listing Courtesy of LOVE Land and Home Inc.

Sold By Modern Mountain Real Estate Company LLC

Add your commute

Building Information for 3150 New Leicester Highway

Stories-Residences-Year Built1991Building Size-Lot Size1.38 AC / 60,112 SF

Payment Calculator

$3,488 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,362

Property Taxes

$126

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3150 New Leicester Highway

Summary
Location and General Information
  • Longitude: -82.726139
  • Latitude: 35.657148
  • 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.
Taxes and HOA Information
  • Association: No
  • HOA Subject To: None
  • Tax Assessed Value: $688,600.00
  • Parcel Number: 879134274700000, 879134483200000, 879134590000000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Clyde A Erwin
  • High School: Clyde A Erwin
  • Elementary School: Leicester/Eblen
Parking
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Other Parking: (Parking Spaces: 3+)
  • Garage: Yes
  • Main Level Garage: No
Property
Lot Information
  • Below Grade Finished Area: 0.0
  • Sq Ft Unheated Basement: 2650
  • Lot Features: Creek Front, Level, Paved, Creek/Stream, Views
  • Lot Size Acres: 1.38
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • New Construction: No
  • Photos Count: 31
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community: No
  • Plat Book Slide: 0117/0016
Utilities
  • Sewer: Shared Septic
  • Water Source: Shared Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Patio And Porch Features: Balcony, Deck, Porch, Screened, Wrap Around
  • Road Surface Type: Asphalt, Paved
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Oven, Refrigerator, Washer
  • Other Equipment: Network Ready
  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Heat Pump
  • Laundry Features: Main Level
  • Basement: Yes
  • Basement: Partially Finished
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Rental
Rent Information
  • Tenant Pays: None
  • Pets Allowed: Yes

Property History for 3150 New Leicester Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3150 New Leicester Highway

Taxable ValueLand-Additions-Total-
Tax Record2023$1,507 ($126 / month)
Home Facts
Beds4Baths2Total Finished SqFt3,104 SqFtAbove Grade Finished SqFt3,104 SqFtUnfinished Basement SqFt960 SqFtStories2Lot Size14,375 SqFtStyleSingle Family ResidenceYear Built1951ZoningOUCountyBUNCOMBEAPN8791-34-5900-00000

Schools near 3150 New Leicester Highway

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Rating
School
Distance
Clyde A Erwin High
PublicPK to 12

Leicester Elementary
PublicK to 4

Eblen Intermediate School
Public5 to 6

Clyde A Erwin Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LOVE Land and Home Inc.

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.