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13 Newfound Street
Canton NC 28716 US

$2,600,000

Active Listing ID 4295783
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18.00 Bath (18 Full)
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Lot: 0.19 Acres
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Other

$2,600,000

Active Listing ID 4295783
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13 Newfound Street 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.

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Property Features

  • Facts
  • Lot Size: 0.19 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 18
  • Floor Covering: Wood, Carpet
  • Heating Fuels: Baseboard
  • Additional Features
  • Basement

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 2600000
  • unparsedaddress: 13 Newfound Street
  • postalcity: Canton
  • stateorprovince: NC
  • country: US
  • postalcode: 28716
  • bathroomsfull: 18
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.19
  • lotsizeunits: Acres
  • lotsizearea: 0.19
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.53564691
  • longitude: -82.83672808
  • listagentfullname: Abigail Farrow
  • listagentemail: abigail@likewisecommercial.com
  • listagentkey: 3yd-CMLSNC-65148
  • listagentmlsid: 65148
  • listagentpreferredphone: 8285750272
  • listagentofficephone: 8283332380
  • listofficekey: 3yd-CMLSNC-R01098
  • listofficemlsid: R01098
  • disclaimer: Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1930
  • listingcontractdate: 2025-08-27
  • countyorparish: Haywood
  • parcelnumber: 8657-81-8963
  • flooring: Carpet, Wood
  • heating: Baseboard
  • numberofunitstotal: 18
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 15, Bathroom 12, Bathroom 11, Bathroom 13, Bathroom 16, Bathroom 5, Bathroom 8, Bathroom 17, Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 9, Bathroom 1, Basement, Bathroom 6, Bathroom 7, Bathroom 10, Bathroom 18, Bathroom 14
  • basement: Exterior Entry, Apartment, Interior Entry
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.83673, 35.53565
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Caeruleum LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"abigail@likewisecommercial.com", "ListBrokerageCity":"Asheville", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Caeruleum LLC", "ListBrokeragePhone":"8285750272", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"22 Beaverbrook Road", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"22 Arlington St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"R01098", "ListOfficeCity":"Asheville", "ListOfficeCountry":"USA", "ListOfficeEmail":null, "ListOfficePostalCode":"28801", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Canton, NC", "ListingURL":null, "MLSModificationTimestamp":"2025-10-03 14:27:08", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"13 NEWFOUND ST APTS 1-17", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/3/2025 3:39:38 PM GMT
Source Updated Date: 12/6/2025 6:41:39 AM GMT

Courtesy of: Abigail Farrow, Likewise Commercial Real Estate, abigail@likewisecommercial.com

Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.