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      42 Furman AvenueAsheville, NC 28801MLS Number CAR3653130

      • Price: $2,590,000The 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: 2.98% 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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      Basic Information

      • ForeclosureN
      • List Price$2,590,000
      • MLS NumberCAR3653130
      • MLS StatusActive Under Contract
      • Property SubTypeCOMMERCIAL

      Interior

      • Flooring Carpet, Wood

      Utilities

      • Cooling Window Unit(s)
      • Heating Electric, Natural Gas
      • Utilities City Sewer, City Water

      Basic Information

      Building

      • Foundation Details Basement
      • Square Feet8395
      • Year Built1928

      Exterior

      • Roof Flat

      Amenities

      • UsmAmenitiesGarden

      Location

      • Building Number42
      • CountyBuncombe
      • StateNC
      • StreetFurman Avenue
      • Zip28801

      Property

      • Acreage0.31
      • Parking Spaces
      • Units27

      Property Information

      • Inclusions Building, Fixtures, Land

      Other

      • View Count71

      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 12:02 PM 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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