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      Investment Property

      The investment property market is alive and well here in the Asheville NC area. Asheville North Carolina continues to be a place that people come from all over to vacation, purchase homes, find land or to pick out that perfect piece of real estate. Contact Green Mountain Realty or call us at (828)-215-9064 for all of your rental homes or rental home real estate needs here in the Asheville area.Asheville Rental Homes

      285 Tunnel Road Asheville NC 28805

      Asheville, NC285 Tunnel Road

      Price$2,695,000The price has recently decreased

      MLS Number CAR3661574

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Square Feet 13,267
      • Year Built 1956

      INVESTMENT OPPORTUNITY. Located next to the Asheville Mall & adjacent to Chili's on Tunnel Rd. There is a lease in place with David's Bridal. Building is 13,267/sf and sits on 0.99/ac of land with ample parking. Great commercial single-tenant investment property with long-term lease.

      Listed by Rusty Pulliam of Pulliam Properties,Inc

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      93 & 95 Springside Road Asheville NC 28803

      Asheville, NC93 & 95 Springside Road

      Price$2,100,000The price has recently decreased

      MLS Number CAR3712636

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Acreage 5.94

      Investment acreage for a South Asheville residential development. Few remaining tracts of land in this poplar south location. Zoned RS4, with nearly 6 acres (5.94+/- acres) in South Asheville near schools, shopping, and other amenities. Convenient location across from TC Roberson High School on Springside Road. Seller removing two homes allowing for clear property. Gently sloping property with utilities in area. (Utility access will need to be determined based on developers needs.) Property fronts along Springside Road providing excellent visibility and is partially surrounded by well established residential subdivision, (Oak Forest). Property does border a small creek on east border. Property includes two tracts (5.629 surveyed + .31 acre per tax data). Two homes have been removed creating a structure free property."

      Listed by Stephen Duncan of Beverly-Hanks,Executive Park

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      50 Mccormick Place Asheville NC 28801

      Asheville, NC50 Mccormick Place

      Price$1,900,000The price has recently decreased

      MLS Number CAR3770821

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Bathroom 3
      • Square Feet 4,500

      Unique Investment Opportunity in Asheville's Vibrant South Slope! No expense was spared in outfitting the 4500 sqft of finished space, from woodwork by local artist Vaden Custom and pendant lights from Lexington Ave Glass, to the curated treatment rooms, and the professional sound system that amplifies one space while commercial grade dampeners quiet the other. Utilize the wellness spaces, massive studio, and apothecary bar already in place or transform into your vision. Central Business District zoning allows for many popular uses including, food/beverage, brewery, medical, retail, and more. This building also meets many ADA standards, has zoned HVAC, separate office space, and break room w/kitchenette. This location is ideal! Not only is it in the booming South Slope District and adjacent to McCormick Field, but it also falls within one of Asheville's Opportunity Zones. As Asheville experiences exponential growth, this is the perfect time to solidify your investment in our community!

      Listed by Luiz Leonetti and Jessi Leonetti of Town and Mountain Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      117 Sweeten Creek Road Asheville NC 28803

      Asheville, NC117 Sweeten Creek Road

      Price$1,450,000The price has recently decreased

      MLS Number CAR3572131

      • Commercial
      • Property SubType COMMERCIAL
      • MLS Status Active
      • Year Built 2019
      • Square Feet 4,762

      Newly redeveloped 4762/sf building with approx 1.0/ac +/- now available for purchase. This building is fully leased, making this a great investment property on growing Sweeten Creek Rd. Must See Property. Give the broker a call to discuss.

      Listed by Paul Ellis of Pulliam Properties,Inc

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      416 Dix Creek Road Leicester NC 28748

      Leicester, NC416 Dix Creek Road

      Price$1,300,000The price has recently decreased

      MLS Number CAR3779819

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Year Built 1960
      • Square Feet 5,852

      Unique investment opportunity in great Leicester location! Mobile home park with 3 owned homes and 11 rented spaces. Each space has its own septic and entire property serviced by 2 wells. Property also has a +/- 2192 square foot auto body/mechanic shop featuring a lift, 5 garage roll-up doors, office and bathroom. Perfect for mechanic, workshop, auto enthusiast, etc. SFR on site features gorgeous hardwood flooring, large living room that opens to dining and kitchen, large screened in porch. Ample storage in basement or 1 car garage. SFR and Garage/Bodyshop had new roofs in 2018. Also has development potential with the number of septics and wells! Just 0.4 miles off New Leicester Hwy.

      Listed by Heather Wheatley of Asheville Real Estate Co.

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      147 Bluff Creek Terrace Candler NC 28715

      Candler, NC147 Bluff Creek Terrace, Unit 15

      Price$1,149,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3761908

      • Residential
      • Bedrooms 3
      • Full Bath 2
      • Year Built 2019
      • Square Feet 2,104

      This is a must see modern architectural beauty which was built in 2019 and is located in The Bluffs at Curtis Creek. It is located on approximately 2.85 acres with breathtaking mountain views and only about 8 miles from world class hiking along the Blue Ridge Parkway, about 25 minutes from Asheville and convenient to grocery shopping at Ingles. The area is surrounded by preservation land and hiking trails, creeks, old growth trees and native flora. This 3 bedroom and 2.5 bath home is pristine and ready for you to move in. Everything from beautiful wood floors, incredible finishes, radiant floor heating, a full house generator and more. Excellent short-term rental opportunity exists if you are looking for investment income. This home has significant privacy if you are looking for tranquility while sitting on your deck and taking in the amazing views. Please see the Matterport Tour under the Virtual Tour Icon. Here is the link to see the actual video tour: https://vimeo.com/607613439

      Listed by Marc Weinstein of Engel & Völkers Asheville

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      280 Old Lakey Gap Road Black Mountain NC 28711

      Black Mountain, NC280 Old Lakey Gap Road

      Price$980,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3750444

      • Residential
      • Bedrooms 3
      • Bathroom 2
      • Full Bath 2
      • Square Feet 1,750

      This 3-bedroom, 2 bath home is situated on 4.88 acres in Black Mountain, NC. Access from Hwy 9 and Old Lakey Gap Rd. Have beautiful mountain views from your front porch and the tranquility of your setting area beside the creek. Property is adjacent to Lakey Creek Health Center, Cheshire racket club and is within walking distance of restaurants. Beautiful farmhouse style kitchen, fenced in pasture, 6-12 X 12 stall barn, 40x88 indoor riding arena, large outdoor riding arena, and beautiful creek in the front are just some of the features that make this a unique home. This property is perfect for a family home, equestrian facility or an investment property. Bring your animals. This is a must-see property!

      Listed by Barry Garnes of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      51 Sweeten Creek Road Asheville NC 28803

      Asheville, NC51 Sweeten Creek Road

      Price$975,000The price has recently decreased

      MLS Number CAR3788837

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Year Built 1944
      • Square Feet 3,793

      A fantastic investment opportunity right in the heart of the quickly growing Northern section of Sweeten Creek Rd. A very short distance from Biltmore Village, this area has seen many adaptive reuse projects taking place including this property. Secure tenant on a Net lease in place with a unique concept definitively Asheville. The front half of the building the tenant operates as a Yoga Studio while the rear portion is an off leash dog friendly bar with a roll up door and outdoor seating and play area. The tenant is currently on a three year lease with two options to renew at three years each and 2.5% rent increases each year. The current Net lease places this at a 7% cap. Significant renovations and buildout took place on the building in 2020. Contact listing broker for all showings, do not disturb tenant.

      Listed by Jim Davis of NAI Beverly-Hanks

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      600 Julian Lane Asheville NC 28803

      Asheville, NC600 Julian Lane, Unit Ste 650

      Price$954,000The price has recently decreased

      MLS Number CAR3794428

      • Commercial
      • Property SubType COMMERCIAL
      • MLS Status Active
      • Square Feet 3,512
      • Year Built 2006

      3512 sf professional or medical office condo located on the 2nd floor (with elevator access) in upscale retail center in desirable south Asheville. Located off of Long Shoals Rd (traffic count >17,000 vehicles per day), and convenient to Hendersonville Rd (.7 miles), Biltmore Park (1.7 miles), and I-26 (1.8 miles). 12 minutes from downtown Asheville and 10 min to Asheville airport. This condo has 10 offices and 1 executive suite with bathroom, men and women's restrooms, IT room, full kitchen, conference room, and reception area, ideal for medical/dental practice or professional services. There is access to the Lake Julian park from the back of the building. Co-tenants in this high end center are a mix of retail/restaurants and medical/professional offices. This can also be an investment property with office lease rates >$22/sf in the S. Asheville market, this could bring in an 8%+ return.

      Listed by Karl Nelson of NAI Beverly-Hanks

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      12 Fay Jones Lane Black Mountain NC 28711

      Black Mountain, NC12 Fay Jones Lane, Unit Lot 4 Jacobs Cottages

      Price$949,000The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3712994

      • Residential
      • Bedrooms 3
      • Bathroom 3
      • Full Bath 3
      • Square Feet 1,949

      The Aubreys - Storybook charm in a courtyard neighborhood. The interior of this open-floor plan cottage features high ceilings and a soft monochromatic palette with clean lines. The outside offers a beautiful low-maintenance landscape giving you more time to relax on your front porch gazing at the serene Craggy Mountains. If you are considering an investment property - there are no short-term rental restrictions within the Village of Cheshire. You will also appreciate the community's walking trail system that allows easy access to the and Village Center. Asheville is just a short drive, and of course the quaint town of Black Mountain is at your doorstep. Visit the Jacobs Cottages today and see why The Village of Cheshire is community living at its best.

      Listed by Sikes Ragan of Cheshire Realty

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      26 Uncle Drive Asheville NC 28806

      Asheville, NC26 Uncle Drive

      Price$900,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3767745

      • Residential
      • Bedrooms 4
      • Square Feet 4,462
      • Year Built 2006
      • Bathroom 4

      Welcome to 26 Uncle Drive: the perfect mountain getaway for you to enjoy, or an excellent investment if you'd like to continue its current use as an income-producing rental! As you walk through the grand entrance, you're greeted by an open concept main floor that features a large kitchen, formal dining room, and living area with stone fireplace. Best of all: the primary suite on main with french foors leading out to a balcony with BREATHTAKING 180-degree mountain views! On the upper floor is a matching primary suite with private balcony. Step downstairs and you'll find a large garage that's been converted into a super-cool game/lounge room with wooden bar area and texturized concrete floors for a rustic feel. 6 total bedrooms, 4 above grade and 2 in the basement, provide more than enough room for leisure and fun for all. Bring your friends, bring your family, but don't miss this one!

      Listed by Brenna Ocampo of Realty One Group Results

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      103 Old Jims Branch Road Swannanoa NC 28778

      Swannanoa, NC103 Old Jims Branch Road

      Price$850,000The price has recently decreased

      MLS Number CAR3775137

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Year Built 1986
      • Acreage 1.4

      Great Investment Opportunity! Well established, professionally managed, Swannanoa, NC, Mobile Home Park. Ideally located close to US 70 and Interstate 40, the park consists of 8 park owned units and 5 lot rentals. Units have been well maintained, improved as they became vacant and have had stayed occupied consistently. Upside value in adding more park owned units or updating units over time. Contact listing agent for more detailed financials. Please do not disturb tenants, contact listing agent for showing instructions.

      Listed by Bill Roberts and Ameliah Davidson of GreyBeard Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      16 Unadilla Alley Asheville NC 28803

      Asheville, NC16 Unadilla Alley

      Price$825,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3752209

      • Residential
      • Bedrooms 4
      • Square Feet 2,628
      • Bathroom 4
      • Year Built 2016

      Affectionately called "The Barn" this urban home is your contemporary nest or condo substitute central to everything being both close to Biltmore Village and downtown Asheville. The home packs a punch with 4 bedrooms, 3.5 baths and 2 kitchens making it super versatile as an investment or shared living. Primary bedroom on main level. The mindful construction was completed in 2016 by JAG Construction and is Green Built NC certified as Gold Level with 8.1KW of solar panels. Upper levels of home used as AirBnb garnering $45,000/year income. There are so many layers to love with this home. Check out all the details or reach out for us to send you a package of info.

      Listed by Kelly Erin-Spinney and Troy Winterrowd of Keller Williams Professionals

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      14 Bonn-E Lane Fairview NC 28730

      Fairview, NC14 Bonn-E Lane

      Price$825,000The price has recently decreased

      MLS Number CAR3732332

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Bathroom 2
      • Square Feet 3,570

      INVESTMENT OPPORTUNITY!! - This custom built country store provides a unique opportunity to become an integral part of the greater Asheville community. The convenient Fairview location allows you to maintain the authentic country feel while making your business a destination. The store includes 3020 sqft of indoor/outdoor retail & deli space, a 580 sqft bakery, 559 sqft apartment, and a small greenhouse. This is a prime live/work space, or AirBnb the apartment and increase your rate of return. The purchase includes the real estate, business, fixtures, furnishings, equipment, client, and supplier lists. The multiple income streams that are already in place provide a solid foundation while allowing you to customize this business to fit your vision. Ask your agent for a copy of the listing brochure for additional information.

      Listed by Luiz Leonetti and Jessi Leonetti of Town and Mountain Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      116,118 Naples Road Asheville NC 28804

      Asheville, NC116,118 Naples Road

      Price$800,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number CAR3738234

      • MultiFamily
      • MLS Status Pending
      • Property SubType Residential Income
      • Bedrooms 7
      • Square Feet 3,475

      RARE FIND - Two log homes with three units, currently rented as long term but also qualify for Airbnb/short term rental. Single family home and duplex on a private, wooded lot with almost 4 acres labeled as R-10. TWO right of ways, one to Weaverville Hwy, the other to Baird Cove Rd. Potential for SUBDIVISION through the town of Woodfin. Perfectly situated between desirable Asheville and charming Weaverville in excellent condition! A truly fantastic investment property or private estate...or both. Live in one and create passive income with the other. Located just 5.5 miles from downtown. Buildings feature hardwood floors throughout, naturally lit rooms via skylights, and porches on all levels. The main lodge has a massive two-sided stone fireplace (wood stove/open wood burning). Fun fact - this home was also featured in Pappadosio's music video "Night and Day". See attachments for additional info.

      Listed by Grady Bradshaw of Preferred Properties

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      3 Gash Farm Road Asheville NC 28805

      Asheville, NC3 Gash Farm Road, Unit 1

      Price$800,000The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3786889

      • MultiFamily
      • Property SubType Residential Income
      • Bedrooms 11
      • Square Feet 4,948
      • Year Built 2001

      Welcome to this excellent investment opportunity. Located conveniently in East Asheville, this fully leased property comes with two additional PINs: 966863752100000 and 966863850200000. In total there are 2 duplexes (each of the 4 units are 2 bed 2 bath) and a 3 bed 2 bath single family structure. These units have been maintained as needed over the years and all have an excellent rental history with very attractive renewal rates, please contact LA for more details.

      Listed by Will Towery of Beverly-Hanks,Executive Park

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      10 Fay Jones Lane Black Mountain NC 28711

      Black Mountain, NC10 Fay Jones Lane, Unit Lot 3 Jacobs Cottages

      Price$799,000The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3712989

      • Residential
      • Bedrooms 3
      • Bathroom 3
      • Full Bath 2
      • Square Feet 1,645

      The Dover - Storybook charm in a courtyard neighborhood. The interior of this open-floor plan cottage features high ceilings and a soft monochromatic palette with clean lines. The outside offers a beautiful low-maintenance landscape giving you more time to relax on your front porch gazing at the serene Craggy Mountains. If you are considering an investment property - there are no short-term rental restrictions within the Village of Cheshire. You will also appreciate the community's walking trail system that allows easy access to the and Village Center. Asheville is just a short drive, and of course the quaint town of Black Mountain is at your doorstep. Visit the Jacobs Cottages today and see why The Village of Cheshire is community living at its best.

      Listed by Sikes Ragan of Cheshire Realty

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      1356 Patton Avenue Asheville NC 28806

      Asheville, NC1356 Patton Avenue

      Price$725,000The price has recently decreased

      MLS Number CAR3773034

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Square Feet 1,748
      • Year Built 2000

      Excellent ground lease investment opportunity. Lease runs through December 31, 2029 with Swannanoa Cleaners. Corner of Patton Avenue and Haywood Rd in West Asheville. Great location for Commercial Property in Asheville.

      Listed by James Wilson of Pulliam Properties,Inc

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      84 & 92 E Mountain Way Asheville NC 28805

      Asheville, NC84 & 92 E Mountain Way

      Price$675,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3786540

      • MultiFamily
      • MLS Status Active
      • Property SubType Residential Income
      • Bedrooms 9
      • Square Feet 3,899

      Great investment with lots of potential! This is a multi-family trailer park with four trailers and a three bedroom / two bathroom home with an attached two car garage. Each trailer is a two bedroom / one bathroom home with city water and its individual own septic system. The house also has its own septic system and city water. There is also another out building with electric that could be used as another garage or large work shop. The trailers and the house are currently rented. As is or with upgrades, this trailer park and home could generate much more income and be a great investment for the serious buyer. This property will be Sold As Is. Pinnum for 84 E Mtn Wy - 966975997200000 Pinnum for 92 E Mtn Wy - 996985177500000 Pinnum for 92 E Mtn Wy - 966985177500000

      Listed by Callie Heikes of Asheville Realty Group

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      14 Bonn-E Lane Fairview NC 28730

      Fairview, NC14 Bonn-E Lane

      Price$675,000The price has recently decreased

      MLS Number CAR3764107

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Bathroom 2
      • Square Feet 3,570

      INVESTMENT OPPORTUNITY!! - This custom built country store provides a unique opportunity to become an integral part of the greater Asheville community. The convenient Fairview location allows you to maintain the authentic country feel while making your business a destination. The property includes 3020 sqft of indoor/outdoor retail & deli space, a 580 sqft bakery, 559 sqft apartment, and a small greenhouse. This is a prime live/work space, or AirBnb the apartment and increase your rate of return. The purchase includes the real estate. The business, fixtures, furnishings, equipment, client, and supplier lists can be purchased separately through MLS 3732332. The multiple income streams that are already in place provide a solid foundation while allowing you to customize the space to fit your vision. Ask your agent for a copy of the listing brochure for additional information.

      Listed by Luiz Leonetti and Jessi Leonetti of Town and Mountain Realty

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      10 Carl Lane Candler NC 28715

      Candler, NC10 Carl Lane

      Price$595,000The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3782821

      • Residential
      • Bedrooms 3
      • Square Feet 1,753
      • Bathroom 3
      • Full Bath 3

      Private and secluded mountain retreat. Well maintained log sided home with year round mountain views. Home boast a open living concept with cathedral ceiling, hard wood floors, gas logs fireplace in great room. Kitchen with new ss appliances and island, great for gatherings and entertaining. Multiple doors allow access a large wrap around deck and side porch for outdoor entertaining. Two Primary Bedrooms with en-suite and a generous secondary bedroom with access to guest bath. Recent updates include new painted interior and log siding has been resealed and stained. Profitable investment opportunity all furnishings convey allowing this to be a turnkey AirBnB or VRBO ready for the holidays season. Huge flex room in basement, great for workshop, work out area or equipment storage. Convenient location with quick drive to Asheville, Blue Ridge Parkway and other area amenities.

      Listed by Ruth Watts of Seller Solutions

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      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      81 Vandalia Avenue Asheville NC 28806

      Asheville, NC81 Vandalia Avenue

      Price$574,900The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3780907

      • MultiFamily
      • MLS Status Active
      • Property SubType Residential Income
      • Bedrooms 4
      • Year Built 1968

      Excellent investment that immediately cash flows with 20% down. Make it your primary residence and pay your mortgage with ADU and increased cash flow of a short-term rental of basement apartment (pending city permit approval). Main level is 2 bedroom, 1 bath unit with eat-in kitchen, a large living room, big back deck, and covered front porch. Lower level unit is 1 bedroom, 1 bath with nice living room and full eat-in kitchen. These units share full laundry. Separate ADU/apartment boasts 1 bedroom, 1 bath and an open kitchen/dining/living room with a large covered porch. All utilities shared except the ADU has separate electric meter. Off street parking for all units. Driveway at front of main level. Driveway around back for lower level and ADU. Plenty of on street parking. Perfectly located in West AVL. No vacancies. Current long term tenants with month to month leases and rent rates well below market value, yet still total over $3,000/month. Ask for attached inspection report.

      Listed by Jody Whitehurst of Town and Mountain Realty

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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      81 Vandalia Avenue Asheville NC 28806

      Asheville, NC81 Vandalia Avenue

      Price$574,900The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3782012

      • Residential
      • Bedrooms 4
      • Bathroom 3
      • Full Bath 3
      • Square Feet 2,227

      Excellent investment that immediately cash flows with 20% down. Make it your primary residence and pay your mortgage with ADU and increased cash flow of a short-term rental of basement apartment (pending city permit approval). Main level is 2 bedroom, 1 bath unit with eat-in kitchen, a large living room, big back deck, and covered front porch. Lower level unit is 1 bedroom, 1 bath with nice living room and full eat-in kitchen. These units share full laundry. Separate ADU/apartment boasts 1 bedroom, 1 bath and an open kitchen/dining/living room with a large covered porch. All utilities shared except the ADU has separate electric meter. Off street parking for all units. Driveway at front of main level. Driveway around back for lower level and ADU. Plenty of on street parking. Perfectly located in West AVL. No vacancies. Current long term tenants with month to month leases and rent rates well below market value, yet still total over $3,000/month. Ask for attached inspection report.

      Listed by Jody Whitehurst of Town and Mountain Realty

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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      259 Westwood Place Asheville NC 28806

      Asheville, NC259 Westwood Place

      Price$529,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3787908

      • Residential
      • Bedrooms 3
      • Square Feet 1,167
      • Full Bath 2
      • Year Built 1910

      Lovingly restored home nestled in desirable West Asheville. Just up the hill from New Belgium Brewing, French Broad Greenway, River Arts District & Haywood Rd, and two minutes to downtown. Solid income history from existing Airbnb efficiency & RM8 zoning on .31 acre lot w/ access on Richland St. make this home an excellent investment opportunity. Home is ready with updated electrical, beautifully refinished floors, new refrigerator, newer roof & fresh exterior paint. The mature landscape & well established trees bring the woods to your backyard. Natural light throughout the year & amazing sunrises off the screened back porch & back bedroom. Obtainable year round views of downtown Asheville skyline! Make this your single family home w/ suite or keep it as an airbnb. $20k yr avg revenue records for Airbnb & VRBO avail by request. Build an addition, ADU or split the lot; survey has been scheduled. Seller motivated.

      Listed by Lauren Eaddy of Keller Williams Professionals

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      79 + 79 1/2 Middlemont Avenue Asheville NC 28806

      Asheville, NC79 + 79 1/2 Middlemont Avenue

      Price$499,900The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3766550

      • Residential
      • Bedrooms 5
      • Bathroom 3
      • Full Bath 3
      • Square Feet 2,139

      Incredible home and/or investment in prime West AVL location that's one block to Malvern Hills Park & Pool. Quintessential brick bungalow with 4 beds, 2 baths and bonus space + a separate one-bed apartment over a two-car garage. Main house has tastefully updated kitchen and baths, a recent new roof, energy efficient windows, newer gas furnace, and major structural improvements. It has a great floor plan with 2 beds and a full bath on each floor + a great flex space and walk-in closet upstairs + a big basement with exterior access for workshop and storage. The apartment is above a two-car garage that serves as a great workshop, storage and laundry space. Upstairs boats nice living and flex space currently used as home office, a private bedroom, full bath and a full kitchen. Apt also has a newer roof and heat pump with AC. All utilities are separate. Due to long-term tenants, current rents are below market at $1700 for house (month to month) + $780 for apartment (lease thru March 2022).

      Listed by Jody Whitehurst of Town and Mountain Realty

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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.05% last updated on 2021-10-14

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

      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 October 18, 2021 7:24 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.