INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.
Property Features
Appliances
- Dishwasher
- Electric Range
- Refrigerator
Other Rooms
- Basement Features: Apartment
- Basement Description: Apartment
Bathrooms
Heating and Cooling
- Heating Features: Hot Water, Natural Gas
Land Info
- Lot Size Acres: 0.41
- Lot Size Square Feet: 17860
Exterior and Lot Features
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Asphalt, Paved
Garage and Parking
- Open Parking: No
- Parking Features: Driveway, Parking Space(s)
Home Features
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Pets Allowed: Yes
School Information
- Elementary School: Asheville City
- High School: Asheville
- Middle School: Asheville
Multi-Unit Info
- Number of Units: 4
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 2
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-3: 2
- Unit 2 Total Actual Rent: 1050
- Unit 3 Total Actual Rent: 1800
Rental Info
- Tenant Pays: All except water
Other Property Info
- Source Listing Status: Active
- County: Buncombe
- Source Property Type: Residential Income
- Elevation: 2000
- Owner Pays: Sewer, Trash Collection, Water
- Parcel Number: 9649-44-2126-00000
- Zoning: CBI
- Zoning Description: CBI
- Property Subtype: Apartment
Building and Construction
- Year Built: 1907
- Above Grade Finished Area: 3212
- BelowGradeFinishedArea: 0
- Building Area Total: 3212
- Building Exterior Type: Cedar Shake
- Construction Materials: Cedar Shake
- Foundation Details: Basement, Pillar/Post/Pier
- Property Age: 118
- Roof: Architectural Shingle
- Levels or Stories: 2
- Structure Type: Site Built
- House Style: Arts and Crafts
- Total Above Grade Sqft Area: 3212
- Architectural Style: Arts and Crafts
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Natural Gas
- Water Source: City