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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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50 & 52 Smith Rd , Leicester, NC 28748
$1,449,000
Est. Payment: $7,467.00/mo
16 Bed
16 Bath
7732 Sqft
Status: active with contingency | Days on site: 86
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

This 8-unit property is 2 quads on adjacent lots, qualifying for conventional lending opportunities. It is just outside of city limits (no city taxes!) but within 20 minutes to the center of Asheville. The buildings share a paved driveway and parking lot, a private 60gpm well, and each has its own septic system (no municipal water/storm drain bill!). All units are 2bd/2ba and have their own washer & dryer. Tenants enjoy nice mountain views from the peaceful back decks, and the big backyard has lots of trees around the perimeter. This tranquil setting is unique, makes the apartments more desirable, and drives interest. Units rent for $1600-1650. This easy property is perfect for new investors just venturing into multi-unit ownership, and is also great for seasoned investors looking to grow their portfolio.

Highlights

Listed by Tonya Oxford , 828-242-1233 and Adam Oxford , 828-242-1233 Asheville Realty Group , 828-252-1910. Canopy MLS mls logo

Property Type

Multi-Family

Lot/Acreage
1.9

Year Built

2004

County

Buncombe

Neighborhood

None

Listing ID

4357331

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:16
  • Bathrooms:16
  • Full Bathrooms:16
Appliances:Dishwasher, Electric Range, Refrigerator, Washer/Dryer
Air Cond:Heat Pump
Fireplaces:
Floor:Vinyl
Above Ground Sq Ft:7732
Below Ground Sq Ft:0
Other:Well

Exterior Features

Lot:Green Area
Zoning:OU
Roof:Composition
Sewer:Septic Installed
Parking Features:Parking Lot,Parking Space(s)
Principal Interest
$7,467
Taxes
$924

Home Price

$1,449,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$289,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,467.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,467.00 $923.74 $0.00 $8,390.73
Yearly $89,603.94 $11,084.85 $0.00 $100,688.79
Total $2,688,118.31 $332,545.50 $0.00 $3,020,663.81

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Leicester, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Dream Team United | Keller Williams Connected | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-01T20:02:06.000Z

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