Closed

$1,200,000

50/52 Smith Rd, Leicester, NC 28748

2beds

7,594sqft

Multi Family

Built in 2008

-- sqft lot

$1,288,000 Zestimate^®

$158/sqft

$1,636 Estimated rent

Home value

$1,288,000

$1.13M - $1.46M

$1,636/mo

Zestimate^® history

Owner options

List your home for rent

$1,636/mo

Rent Zestimate^®

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$1,636/mo

Rent Zestimate^®

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$6,910/mo

Est. payment

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$6,910/mo

Est. payment

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What's special

Fully leased eight-plex located off New Leicester Hwy. Property is on well and septic with no interior common areas to maintain. Located in a quiet, peaceful and scenic area and close to town. All units have decks and a view. Property management company in place and knows all tenants and the property. See the attached list of expenses. Some of the expenses should be less going forward. Some rents are lower at $1275 and $1400. Others are at market value bringing $1600. The rent amounts could easily all be brought up to market and bring in an additional $1562 a month for the complex.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 16

Heating

Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Dishwasher, Electric Oven, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Flooring: Carpet, Vinyl
Has basement: No

Interior area

Total structure area: 7,594
Total interior livable area: 7,594 sqft
Finished area above ground: 7,594
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Driveway, Parking Lot, Garage on Main Level
Garage spaces: 1
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Balcony, Deck

Lot

Size: 1.9 Acres
Features: Cleared, Cul-De-Sac, End Unit, Paved, Views

Details

Additional structures: Outbuilding, Other
Parcel number: 961936186500000
Zoning: OU
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl
Foundation: Crawl Space
Roof: Shingle

Condition

New construction: No
Year built: 2008

Utilities & green energy

Sewer: Septic Installed
Water: Shared Well

Community & HOA

Community

Security: Fire Sprinkler System

Location

Region: Leicester

Financial & listing details

Price per square foot: $158/sqft
Tax assessed value: $802,600
Date on market: 7/2/2024
Cumulative days on market: 29 days
Tenant pays: Cable TV, Electricity
Road surface type: Asphalt, Paved

Price history

Date	Event	Price
10/22/2024	Sold	$1,200,000-10.1%$158/sqft
Source: Canopy MLS as distributed by MLS GRID #4157433 Report a problem
8/29/2024	Pending sale	$1,335,000$176/sqft
Source: Canopy MLS as distributed by MLS GRID #4157433 Report a problem
8/15/2024	Listed for sale	$1,335,000$176/sqft
Source: Canopy MLS as distributed by MLS GRID #4157433 Report a problem
7/17/2024	Pending sale	$1,335,000$176/sqft
Source: Canopy MLS as distributed by MLS GRID #4157433 Report a problem
7/2/2024	Listed for sale	$1,335,000$176/sqft
Source: Canopy MLS as distributed by MLS GRID #4157433 Report a problem