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Active

13 Newfound Street

Canton, NC 28716

Active 334 days on market Listing ID CAR 285205994

$1,950,000

Est. $11,209/mo — See my rate

$133/Sq Ft

14,646 sqft · $133/sqft

— Beds
— Baths
14,646 Sq Ft
$133/Sq Ft
1930 Built
.19 acres N/A Listed Aug 27, 2025 Updated Jun 3, 2026 HOA None

About This Home

Investment opportunity with $158k NOI 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.

Property Details

Interior Details

Heating
  • Baseboard
Flooring
  • Carpet
  • Wood
Inclusions
  • Building
  • Fixtures
  • Land
Total Bathrooms
18
Sqftmaximumlease
0.00
Sqftminimumlease
0.00
Sqftavailablemaximum
14646
Sqftavailableminimum
14646

Parking And Garage

Parking Features
  • Parking Lot

Lot And Land

Lot Features
  • Corner Lot
  • Level
Lot Size Acres
0.19
Lot Size Units
Acres

Basement And Foundation

Basement
  • Apartment
  • Exterior Entry
  • Interior Entry

Utilities

Sewer
  • Public Sewer
Utilities
  • Electricity Connected
Water Source
  • City

Financial Information

Citytaxespaidto
Canton

Zoning And Restrictions

Zoningspecification
CR-2

Multi Unit Details

Number Of Buildings
1
Total Number Of Units
18
Number Of Leased Units
18

Listed by Abigail Farrow (828-333-2380) · Likewise Commercial Real Estate (828-222-3685)

Location

Address
13 Newfound Street
City
Canton, NC 28716
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