26
See all 26 photos
$2,600,000
Est. payment /mo
18 Baths
8,276 Sqft Lot
New
13 Newfound ST Canton, NC 28716
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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
© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Abigail Farrow • Likewise Commercial Real Estate • abigail@likewisecommercial.com