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      239 Cedar Hill RoadAsheville, NC 28806MLS Number CAR3691578

      • Price: $750,000The price has recently decreased
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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 2.79% last updated on 2021-01-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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      239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806239 Cedar Hill Road Asheville NC 28806
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      • $750,000List Price
      • 1.5Acreage
      • 10415Square Feet
      • 1964Year Built
      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 a 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 MULTI-FAMILY under MLS 3692433.
      Listed by Rob Montague and Christian Witt of Asheville Realty Group

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      Basic Information

      • ForeclosureN
      • List Price$750,000
      • MLS NumberCAR3691578
      • MLS StatusActive
      • Property SubTypeCOMMERCIAL

      Property

      • Acreage1.5
      • Parking Spaces
      • Units9

      Exterior

      • Roof See Remarks

      Basic Information

      Building

      • Elevation 2000
      • Foundation Details See Remarks
      • Square Feet10415
      • Year Built1964

      Interior

      • Flooring See Remarks

      Utilities

      • Cooling Other
      • Heating Other
      • Utilities Cable Available, City Water, Electricity Available, Natural Gas Available, Septic Tank

      Location

      • Building Number239
      • CountyBuncombe
      • Cross Street Swager Drive
      • Directions From downtown Asheville, take I-240 West and stay left to merge onto Patton Avenue. Turn right onto Johnston Blvd. Turn slight left onto Cedar Hill Road. 239 Cedar Hill Road is on the right.
      • StateNC
      • StreetCedar Hill Road
      • Zip28806

      Property Information

      • Inclusions Building, Fixtures, Land
      • Number Of Buildings 5

      Other

      • View Count6

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