Asheville NC Multi-Family Homes

MLS Number CAR3711014

• MultiFamily
• MLS Status Active
• Bedrooms 5
• Square Feet 1639
• Year Built 1962

Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to town.

Listed by Karen Svites of Keller Williams - Weaverville

MLS Number CAR3709707

• MultiFamily
• MLS Status Active
• Bedrooms 3
• Square Feet 900
• Year Built 1948

Investor special! 2 homes for an amazing price convenient to West Asheville. These charming homes need some work, but have potential. HIGHEST AND BEST OFFERS BY 5PM ON MONDAY MARCH 1. Sewer could not be confirmed and there is a leak at the pipe leading to the road. Current heat source is a Kerosene heater supplied by outdoor tank. Homes do not have central air. Please do not disturb residents. Being sold AS-IS with no representations. Cash only, limited showing times. This sale will need court approval and has a 10 day upset period.

Listed by Matt Jones of Pinnacle Lifestyle Realty LLC

MLS Number CAR3710132

• MultiFamily
• MLS Status Active
• Square Feet 9999
• Year Built 1977
• Acreage 1.29

Location, Location, Location! 2 miles from I-26, 4 miles to I-40 situated on a growing commercial corridor (Brevard Rd.) Just down the road from Outlet Mall, dozens of restaurants, retail and necessities. Outdoor activities within a mile Blue Ridge Parkway, The NC Arboretum, Bent Creek Park (tubing) and Lake Powhatan Rec Area. Solid earner with room to grow. Property management in place. All units recently renovated. Sewer is available. Reliable handyman in place and happy to continue working with new owners. Lots of value add opportunities. See attached Pro-forma. See also MLS #3710148

Listed by Keith Prescott of Fathom Realty

MLS Number CAR3692433

• MultiFamily
• MLS Status Active
• Square Feet 10415
• Year Built 1964
• Acreage 1.5

Located in Buncombe County but minutes to West AVL, this multi-family property situated on 1.5 acres offers promising investment potential in the affordable rental market. The property consists of two parcels with brick home, two multi-unit buildings, duplex cottage and a manufactured home. Nine current units have a historically strong occupancy rate. Unrenovated 2,500 SF, two-level brick home has many possibilities. Several partially renovated apartments in other buildings have potential to generate more income. Private road (Swager Drive) off Cedar Hill Road affords easy access to units within the complex. Convenient location only 15 minutes to downtown AVL and ten minutes to the heart of WAVL. Several units offer mountain as well as downtown views. We welcome buyers to review detailed listing materials outlining property specifications. Drone video available at the following link: https://youtu.be/L6KvlS8nOb4. Also listed as COMMERCIAL property under MLS 3691578.

Listed by Christian Witt and Rob Montague of Asheville Realty Group

MLS Number CAR3689416

• MultiFamily
• MLS Status Active
• Square Feet 1296
• Year Built 1972
• Acreage 0.64

Investor Opportunity to build a multifamily project. City planners have tentatively approved entire property for 16 units. Current seller has documentation. Also possible to utilize the rear 2 lots to be divided into 3 building slots. Depending on whether current house is removed, would allow for 8 building lots. Other possibilities: Utilize the current home as a stand alone, which is currently being rented. Utilize rear portion of property as personal garage/workshop projects. Due Diligence already completed with Civil Engineering Co. & City Zoning & Planning. The home has city water/sewer. Water and sewer allocation secured for up to 22 units. Contact us for additional information. Sale to include 3 PINs: 9658375224, 965875184, 9658376148. SELLER IS A LICENSED REAL ESTATE AGENT.

Listed by Steve Bourke and Bob Bryenton of Keller Williams Professionals

MLS Number CAR3686791

• MultiFamily
• MLS Status Active
• Square Feet 6351
• Year Built 1919
• Acreage 0.37

Excellent Investment Opportunity near Downtown Asheville. Great condition 11-Unit Multi-Family complex located in in an Opportunity Zone in Montford for purchase. Proven occupancy with 100% of the units occupied for more than 10 years. Huge upside potential for new owner.

Listed by Patrick Johnson and Jim Davis of NAI Beverly-Hanks

MLS Number CAR3682222

• MultiFamily
• MLS Status Active
• Bedrooms 7
• Square Feet 2799
• Year Built 1942

Multi generational opportunity in Grove Park. Secluded, 3-home family compound on two acres with incredible views that include Grove Park Inn, downtown Asheville & western mountain ranges. At 2800 square feet, the main house offers main level living, four bedrooms, 2.5 baths with spectacular views from gourmet kitchen, adjacent dining room, living room & master bedroom. Two additional homes include a 1385 sq ft two bedroom, two bath home and a one bedroom, one bath 650 sq ft cottage. Endless possibilities for a caretaker cottage, in-law home or home office. Enjoy several outdoor seating areas including patios, decks & garden area, or just sit in hot tub & watch the sunset. All of this is less than 10 minutes to downtown Asheville in the heart of one of Asheville's most sought after neighborhoods.

Listed by Bill Byrne of Beverly-Hanks, Executive Park

MLS Number CAR3653125

• MultiFamily
• MLS Status Active
• Square Feet 8395
• Year Built 1928
• Acreage 0.31

One-of-a-kind 27-unit apartment building close to downtown and all north Asheville amenities. 96% leased with majority long-term tenants, property is currently managed as weekly rentals. This building has been very well-maintained and managed over period of ownership. A unit mix of 1 bedrooms, efficiency apartments, rooms with private baths and rooms with shared baths. Majority of units are fully furnished gross leases. Property features oak hardwood floors in many units, off-street parking, keyed entrance, laundry facility, and organic community garden/courtyard area. Property has many period features and a lot of personality. No pet or smoking apartment building. This is a strong value-add opportunity with proven rental increases on which to capitalize. Located off the Charlotte St. exit on I- 240, (exit 5B) and less than 1 mile to the Grove Park Inn. No drive-bys. Please do not disturb property manager or tenants. Contact listing agent for all showings and more information.

Listed by Carla Barnard of Keller Williams Professionals

MLS Number CAR3573552

• MultiFamily
• MLS Status Active
• Bedrooms 5
• Square Feet 1968
• Year Built 19532019

Great location !!! close to amenities in West Asheville; such as Restaurants, shopping, schools etc. Note: Both houses are under an extensive renovation and will be completed very soon. More current pictures will be added. ( See the attachment documents for prospects buyers) The lock box is located at the from door of 169 Oakview.

Listed by Maria Sorto of Keller Williams Realty Mountain Partners

MLS Number CAR3603722

• MultiFamily
• MLS Status Active
• Square Feet 1032
• Year Built 1932
• Acreage 5.39

New Leicester Hwy acreage with 9-pads Mobile Home Park - 4 miles from Patton Avenue. High traffic corner level acreage with over 500' frontage on 5-lane New Leicester Hwy and also on O"Donald Road. Many potentials for Commercial Development, expanded MHP, Warehouse, Storage Buildings, Multi-family, or combination unrestricted usage. Outside city limits, Open Use zoning, little to no grading necessary. Three wells plus has municipal water along side property. Existing house is residence and could be residential rental or office. 4 mobiles convey. One of few larger tracts remaining for development along this rapidly growing corridor.

Listed by Micheal Farlow and Alan Cuthbertson of Lantern Realty & Development LLC