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      42 Furman AvenueAsheville, NC 28801MLS Number CAR3653125

      • Price: $2,590,000The price has recently decreased
      • Est. Mortgage of $/month
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 2.98% last updated on 2021-04-29

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

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      42 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 2880142 Furman Avenue Asheville NC 28801
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      • $2,590,000List Price
      • 0.31Acreage
      • 8395Square Feet
      • 1928Year Built
      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

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      More Info

      Basic Information

      • List Price$2,590,000
      • MLS NumberCAR3653125
      • MLS StatusActive Under Contract

      Location

      • Building Number42
      • Community Features Laundry Room, Picnic Area
      • CountyBuncombe
      • Road Surface Type Gravel
      • StateNC
      • StreetFurman Avenue
      • Zip28801

      Property Information

      • Construction Materials Brick

      Other

      • View Count89

      School Information

      • Elementary SchoolAsheville City
      • High SchoolAsheville
      • Junior HighAsheville

      Building

      • Foundation Details Basement
      • Garage Spaces
      • Square Feet8395
      • Year Built1928

      Interior

      • Flooring Carpet, Wood

      Utilities

      • Heating Gas Hot Air Furnace, Window Unit(s)
      • Sewer Public Sewer

      Parking

      • Parking SpacesDriveway, Parking Lot, Parking Space - 4+ 0.00

      Basic Information

      Property

      • Acreage0.31
      • Below Grade Finished Area 2,081
      • Lot DescriptionCul-De-Sac, Level, Mountain View, Paved
      • Units27
      • Water Source Public
      • Zoning Description Office

      Amenities

      • Appliances IncludedCeiling Fan(s), Dryer, Microwave, Refrigerator, Washer
      • Laundry Features Lower Level
      • UsmAmenitiesGarden

      Broker Reciprocity © 2021 by the Canopy MLS. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of May 6, 2021 11:27 AM EDT . 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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