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140 Old Leicester Road, 
Asheville, NC 28804

$185,000


3

Beds


2

Baths


1,529

Sq Ft


Single Family

Active

Listed by

Linda Reynolds

Allen Tate/Beverly-Hanks Waynesville

Last updated:

May 14, 2025, 11:30 AM

MLS#

4258091

Source:

CH

About This Home

140 Old Leicester Road

Income-Generating Potential Near Asheville! This property offers a rare opportunity for investors with two separate dwellings: a 1940s bungalow and a single-wide mobile home, both ripe for renovation and poised to generate excellent rental income. Situated on a picturesque 1.88-acre parcel graced by a beautiful creek, this serene setting is conveniently located just 5.6 miles (12 minutes) from downtown Asheville and close to Weaverville and Leicester. The bungalow provides a good-sized bedroom, living room, dining room, kitchen, and one full bath. The mobile home features a living room, an eat-in kitchen, two bedrooms, one full bath, and a charming screened front porch. Don't miss out on this chance to secure a valuable investment in a prime location with dual rental possibilities!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1940

Price Summary

185,000

$120 per Sq. Ft.

MLS #:

4258091

Last Updated:

May 14, 2025, 11:30 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,529 Sq. Ft.


Structure

Structure

Building Area:

1,529 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

81,892


Finances & Disclosures

Finances

Price:

$185,000

Price per Sq. Ft:

$120 per Sq. Ft.

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