140 Old Leicester Road
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$185,000
Community: Asheville in Buncombe County
Thank You!
You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here
If You Have Any Other Questions, Call Us At 1(888)-247-3466
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!
Original Listing Price:
185,000
MLS #: 4345168
Listing Status: Under Contract
Days on Market: 20
Buying Firm Commission: Test
Based on information submitted to the MLS GRID as of 2026-03-04 at 6:15PM. 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.
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Map
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Directions: From US 19 North toward Weaverville take exit 25 towards UNCA. Turn left onto Broadway Street. Turn left on Old Leicester Highway. Slight right turn on Old Leicester Road. Property will be on your left.
Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.
Property Features
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Cooling: None
Water: Well
Year Built: 1920
Subdivision: None
Garage/Carport: Driveway
Basement/Foundation: Crawl Space
Heating/Cooling: Floor Furnace
Sewer: Septic Installed
Floors: Carpet,Vinyl,Wood
Roof: Composition,Metal
Lot Description: Level,Rolling Slope,Creek/Stream
Mortgage Calculator
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Schools
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- High School: Unspecified
- Middle School: Unspecified
- Elementary School: Unspecified