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13 Newfound St
Canton, NC 28716

$2,495,000 USD

Apartments For Sale  •  10,059 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,059 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1930
  • Zoning CR-2
0 Transit Score
40 Walk Score

Highlights

7.25% Cap Rate investment opportunity in downtown Canton, NC
18-unit, 14,646 SF historic apartment building on 0.19 acres
Strong rental income with no vacancies and a waitlist
Mix of studio, one-, and two-bedroom units with natural light
Long-term tenants in a walkable location near shops, restaurants, and breweries
Minutes to Waynesville and Asheville with easy I-40 access

Property Flyers

Amenities

  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Storage Space
  • Freezer
  • Private Bathroom

Public Transportation

AirportDriveWalkDistance
Asheville Regional 32 min - 23.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Abigail Farrow 828-333-2380 Likewise Commercial Real Estate
Abigail Farrow 828-333-2380 Likewise Commercial Real Estate