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Franklin Bellamy

franklin@unlockingrealestate.co +1(704) 904-5142

$ 2,600,000

Est. payment -/mo

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New

13 Newfound ST Canton, NC 28716

18 Baths

8,276 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4295783

Year Built 1930

Lot Size 8,276 Sqft

Acres 0.19

Property Description

7.25% Cap Rate investment opportunity 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 market—please do not disturb tenants. Contact listing agent for details.

Location

State NC

County Haywood

Zoning CR-2

Rooms

Basement Apartment, Exterior Entry, Interior Entry

Interior

Heating Baseboard

Cooling None

Flooring Carpet, Wood

Inclusions Building, Fixtures, Land

Exterior

Utilities Available Electricity Connected

Street Surface Paved

Building

Lot Description Corner Lot, Level

Dwelling Type Site Built

Sewer Public Sewer

Water City

New Construction false

Others

Senior Community false

Restrictions Other - See Remarks

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://singlepointmedia.hd.pics/13-Newfound-St

Listed by Abigail Farrow • Likewise Commercial Real Estate • abigail@likewisecommercial.com

This is the second house that we've purchased using Franklin's services. We've enjoyed working with him both times. He truly tries to help you find exactly what you are looking for. Franklin is very dedicated to his customer's needs, attentive to details, extremely knowledgeable and has great work ethics. And overall Franklin is a good guy. If you need to buy or sell property with minimal stress, I strongly recommend you call Franklin. "-

Iryna T.

+1(704) 904-5142

franklin@unlockingrealestate.co

1800 Central Ave, Charlotte, NC, 28205, USA