Property Listing No Longer Available for Sale

50 & 52 Smith Rd, Leicester, NC

Multi-family for Sale - $890,000 - 7,594 Sq. Ft. on 1.9 acres


Property Info

CIMLS#968624
Location
  50 & 52 Smith Rd
  Leicester NC 28748
UpdatedNovember 2nd, 2017
TypeMulti-family
Price$890,000
Building7,594 Sq. Ft.
Land1.9 acres

Property Description

You say you want a good return on your investment? Well here it is! Fully leased eight-plex located off New Leicester Hwy now available. Most units are currently rented below market rate so this property has up-side potential. Minimal expenses -property is on well and septic with no interior common areas to maintain. Located in a quiet, peaceful and scenic area; all units have decks and a view. Listing Agent assisted showings only; please do not disturb tenants.

Location Description:

From New Leicester Hwy: Head southeast on NC-63 toward Old Leicester Hwy for 2.3 mi; Turn right onto Newfound Rd and then Turn left onto Dix Creek Rd 1. After 0.6 mi, turn left onto Red Bud Dr (see directional signage) for 0.2 mi and then left at 50 Smith Rd, Leicester, NC 28748


Financials