13 Newfound Street, Canton, NC 28716
Haywood County
Key Facts
Description
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 Information
Property Type
Commercial Sale
Year Built
1930
Living Area
14,646 sq ft
Zoning
CR-2
Days on Market
230
MLS® Listing#
4295783
Property Features
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Utilities
Sewer
Water Source
Financial Details
HOA
None
Assessed Value
$418,200
Parcel Number
8657-81-8963
Affordability Calculator
$390,000
Estimated monthly payment
$10,379/mo
Principal $1,560,000 · Est. interest $2,176,339 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Canton, NC
- $448,276
- Median Listing Price
- 99
- Median Days on Market
- 1,725
- Median Sq Ft
- $254
- Median Price / Sq Ft
- 78
- Active Listings
- This home’s price is 335% above the area median.
- Its price per sq ft is 48% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Canton, NC.
Location
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Points of Interest in Canton, NC
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Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 228 Chestnut Mountain Road, Canton, NC | $2,300,000 | 3 | 3 | 2,106 |
Moving Cost Estimate
EXIT Agents in Canton
Listing Courtesy: Likewise Commercial Real Estate - abigail@likewisecommercial.com
Last Updated: 2025-08-27
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