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$1,500,000
16 bd
16 ba
7,732 sqft
50 & 52 Smith Road
Leicester, NC 28748
Active
9 days on market
Property Type
Residential Income
Year Built
2004
Lot Size
—
Garage
—
About This Property
Excellent Investment Opportunity! 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. 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.
Property Details
Interior
- Bedrooms
- 16
- Bathrooms
- 16
- Living Area
- 7,732 sqft
- Stories
- 2
Exterior & Lot
- Year Built
- 2004
Location
- Subdivision
- None
- County
- Buncombe
- ZIP Code
- 28748
Financial
Utilities
- Utilities
- Cable Connected, Electricity Connected
- Sewer
- Septic Installed
Schools
- Elementary
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
Appliances
Dishwasher, Electric Range, Refrigerator, Washer/Dryer
Patio & Porch Features
Deck
Lot Features
Green Area
Location
Listing Information
- MLS #
- CAR4357331
- Listing Agent
- Tonya Oxford
- Listing Office
- Asheville Realty Group
- Listed Date
- Apr 14, 2026
Contact Kim Schafer About This Property
Interested in 50 & 52 Smith Road? Send us a message and we'll get back to you.
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