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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

      39 Stockwood Road Extension Asheville NC 28803

      Asheville, NC39 Stockwood Road Extension

      Price$7,880,000The price has recently decreased

      Active With Contract

      MLS Number CAR3704628

      • Commercial
      • Property SubType COMMERCIAL
      • Square Feet 32000
      • Year Built 1997
      • Acreage 31

      ***INVESTMENT SALE / ASHEVILLE CABINS AT WILLOW WINDS*** The property consists of two parcels available for sale. +/- 31 acres bordering the Blue Ridge Parkway. Includes twenty-five rental cabins with amenities including a dog park, fishing pond, playgrounds, direct trail access to the Blue Ridge Parkway. Located within ten minutes to Biltmore Village. downtown Asheville and the Biltmore Estate. SEE OFFERING MEMORANDUM FOR MORE DETAILS

      Listed by Keaton Edwards of G/M Property Group

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

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

      99999 Goodman Road Asheville NC 28804

      Asheville, NC99999 Goodman Road

      Price$7,450,000The price has recently decreased

      MLS Number CAR3721645

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Acreage 89.72

      One of the last remaining large parcels of undeveloped property with sewer and water infrastructure (City of Asheville/Town of Woodfin water and a new gravity-fed sewer) to support high density multi-family and mixed use development within 10 minutes of the center of Asheville, NC. Located in the Township of Woodfin with a highly coveted North Asheville address - zip code 28804 - and bordering Riverside Drive. Site has been entitled for entry-level, single-family housing plan, but zoning allows for a mix of uses. This site is large enough to support an Investment Grade MF Apartment project along with a townhome community and a single family lot program. We have varying concept plans showing the potential. Gently sloping site allows for maximum utilization with existing road network that follows the contours of the property. Substantial planning already completed by Sellers, including surveys, multiple site plans & DOT traffic study. Call agent for a tour of the property!

      Listed by James Diaz of Covestar Investment Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

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

      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
      • Year Built 1956
      • Acreage 0.99

      Building For Sale. Located directly behind Chili's on Tunnel Rd. There is a long-term 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: 2.8% last updated on 2021-07-29

      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: 2.8% last updated on 2021-07-29

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

      55 Sweeten Creek Road Asheville NC 28803

      Asheville, NC55 Sweeten Creek Road

      Price$1,975,000The price has recently decreased

      MLS Number CAR3694158

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Year Built 1991
      • Acreage 0.94

      Investment opportunity in Asheville. 4-tenant retail/office building on Sweeten Creek Rd. Tenants include Sherwin Williams and Old School Subs. $138,035 NOI. Leases vary.

      Listed by James Wilson of Pulliam Properties,Inc

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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

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

      33 Starnes Avenue Asheville NC 28801

      Asheville, NC33 Starnes Avenue

      Price$1,515,000The price has recently decreased

      Active With Contract

      MLS Number CAR3690327

      • Commercial
      • Property SubType COMMERCIAL
      • 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

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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

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

      33 Starnes Avenue Asheville NC 28801

      Asheville, NC33 Starnes Avenue

      Price$1,515,000The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3686791

      • MultiFamily
      • Property SubType Residential Income
      • 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

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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

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

      2 Aladdin Road Leicester NC 28748

      Leicester, NC2 Aladdin Road

      Price$1,500,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3757922

      • MultiFamily
      • MLS Status Active
      • Property SubType Residential Income
      • Year Built 1980
      • Acreage 5

      Just beside Frannie Farms, this mobile home park rests on the gentle and rolling hills of Leicester. What amazing land with long-range mountain vistas from each lot and excellent privacy. Buncombe County is one of the best areas to invest your money into! When you come here, you will find long-term tenants and a strong-built community. Cash cow, foolproof investment. New wells, paved roads, less than 20 miles to Asheville, and the homes are in excellent condition. 23 units. 12 of them the mobile homes are owned by the seller. The remaining are lot rent. Inquire with the listing agent for details and rent roll. This community of folks loves the laid-back country living they find here. Mobile home parks; the only asset class I know of that has increasing demand and decreasing supply every year. In tough times, mobile home park tenants almost always pay their rent. Mobile home parks are a favorite recession-resistant investment.

      Listed by Alexandra Schrank of RE/MAX Executive

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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

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

      2 Aladdin Road Leicester NC 28748

      Leicester, NC2 Aladdin Road

      Price$1,500,000The price has recently decreased

      MLS Number CAR3757906

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Year Built 1980
      • Acreage 5

      Just beside Frannie Farms, this mobile home park rests on the gentle and rolling hills of Leicester. What amazing land with long-range mountain vistas from each lot and excellent privacy. Buncombe County is one of the best areas to invest your money into! When you come here, you will find long-term tenants and a strong-built community. Cash cow, foolproof investment. New wells, paved roads, less than 20 miles to Asheville, and the homes are in excellent condition. 23 units. 12 of them the mobile homes are owned by the seller. The remaining are lot rent. Inquire with the listing agent for details and rent roll. This community of folks loves the laid-back country living they find here. Mobile home parks; the only asset class I know of that has increasing demand and decreasing supply every year. In tough times, mobile home park tenants almost always pay their rent. Mobile home parks are a favorite recession-resistant investment.

      Listed by Alexandra Schrank of RE/MAX Executive

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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

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

      414 Dix Creek #1 Road Leicester NC 28748

      Leicester, NC414 Dix Creek #1 Road

      Price$1,390,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3576252

      • Residential
      • Bathroom 1
      • Bedrooms 3
      • Full Bath 1
      • Square Feet 1410

      Unique investment opportunity in great Leicester location! Beautiful home on a basement, large detached garage currently used as a autobody/mechanic shop and small mobile home park with 3 owned mobile homes and 11 rented spaces. Home features gorgeous hardwood flooring, large living room that opens to dining and kitchen areas. Sip on your morning coffee on the porch swing of the large, screened-in porch. Basement features tons of storage and 1 car garage. Detached garage perfect for auto enthusiast, mechanic, workshop, etc. Features a lift, 5 garage roll-up doors, office and bathroom. Each MH/Space has own septic. Property fed by 2 wells. Rent roll on file for mobile home park. Option for fewer mobile homes and spaces also available. See MLS . Home and garage both had roofs replaced in 2018. Close to Leicester Hwy, downtown Asheville, restaurants, shopping and more.

      Listed by Heather Wheatley of Asheville Real Estate Co.

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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

      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$1,200,000The price has recently decreased

      MLS Number CAR3572131

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Year Built 2019
      • Acreage 1

      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: 2.8% last updated on 2021-07-29

      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$1,199,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3761908

      • Residential
      • Bathroom 3
      • Bedrooms 3
      • Full Bath 2
      • Square Feet 2104

      This is a must see Modern architectural beauty which was built in 2019 and is located in The Bluffs at Curtis Creek also known as Summit Falls It is located on approximately 2.85 acres with breathtaking endless 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 a significant amount of 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.

      Listed by Marc Weinstein of Engel & Völkers Asheville

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

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

      32 Cedarcliff Road Asheville NC 28803

      Asheville, NC32 Cedarcliff Road

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

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3750717

      • Residential
      • Bathroom 3
      • Bedrooms 4
      • Full Bath 3
      • Year Built 1961

      Incredible opportunity to own one of the premier homesites in Biltmore Forest. The home, built in 1961, is full of original charm and character. With the right vision, this is a fantastic investment opportunity given the size and floor plan. The main level features a large living room with built-ins and a large fireplace, spacious dining room, kitchen space (totally gutted), den off the kitchen with built-ins and fireplace, guest bedroom and spacious primary suite. The upper level includes a full bath and two bedrooms, both of which have spacious rooms off the end, setting up perfectly for future en-suites or large closets. This private, corner homesite totals 2.59 acres providing abundant opportunities to expand the existing home or build from scratch.

      Listed by Alec Cantley of Premier Sothebys International Realty

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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

      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
      • Bathroom 2
      • Bedrooms 3
      • Full Bath 2
      • Square Feet 1750

      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(YMCA), 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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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

      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
      • Bathroom 3
      • Bedrooms 3
      • Full Bath 3
      • Square Feet 1949

      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 YMCA 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: 2.8% last updated on 2021-07-29

      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
      • Bathroom 4
      • Bedrooms 4
      • Full Bath 4
      • Square Feet 4462

      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: 2.8% last updated on 2021-07-29

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

      84 Old Mars Hill Highway Weaverville NC 28787

      Weaverville, NC84 Old Mars Hill Highway

      Price$885,000The price has recently decreased

      MLS Number CAR3606057

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Square Feet 12140
      • Year Built 1997

      Perfect investment opportunity for the new investor or established self-storage company. This 97-unit self-storage facility has a variety of sizes to appeal to all users. Currently has under-market rents, allowing a new owner to add even more value to the investment. Plenty of room on this 3.16 acre property to add more facilities and improve the cash flow even more. As north Asheville grows and more residents move to the area, the demand for self-storage will only increase. This property is in the perfect location for future growth.

      Listed by Eric Engstrom of Whitney Commercial Real Estate

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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

      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$850,000The price has recently decreased

      MLS Number CAR3732332

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Square Feet 3570
      • Year Built 2006

      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: 2.8% last updated on 2021-07-29

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

      12 Mardell Circle Asheville NC 28806

      Asheville, NC12 Mardell Circle

      Price$850,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number CAR3724506

      • MultiFamily
      • MLS Status Pending
      • Property SubType Residential Income
      • Bedrooms 6
      • Square Feet 2859

      INVESTMENT OPPORTUNITY! This fully rented and well maintained West Asheville 4-plex would be a smart addition to your investment portfolio with room to increase rents and your return on investment. The property features two 2 bedroom/2 bath units both with stackable washer/dryer and two 1 bedroom/1 bath units. All the units are well maintained, have hardwood floors, ample sized rooms, and each unit has its own outdoor space. Additional opportunity to expand your investment by purchasing the vacant .38 acre RM8 lot next door.

      Listed by Luiz Leonetti and Mike Miller of Town and Mountain Realty

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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

      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

      MLS Number CAR3738234

      • MultiFamily
      • MLS Status Active
      • Property SubType Residential Income
      • Bedrooms 7
      • Square Feet 3475

      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: 2.8% last updated on 2021-07-29

      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
      • Bathroom 3
      • Bedrooms 3
      • Full Bath 2
      • Square Feet 1645

      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 YMCA 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: 2.8% last updated on 2021-07-29

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

      239 Cedar Hill Road Asheville NC 28806

      Asheville, NC239 Cedar Hill Road

      Price$750,000The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3692433

      • MultiFamily
      • Property SubType Residential Income
      • Square Feet 10415
      • Year Built 1964
      • Acreage 1.5

      Located in Buncombe County but minutes to West Asheville (no city taxes), 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 15 minutes to downtown AVL and 10 minutes to WAVL. Several units offer mountain as well as downtown views. Open-use zoning! 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 under MLS 3691578.

      Listed by Christian Witt and Rob Montague of Asheville Realty Group

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      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

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

      239 Cedar Hill Road Asheville NC 28806

      Asheville, NC239 Cedar Hill Road

      Price$750,000The price has recently decreased

      Active With Contract

      MLS Number CAR3691578

      • Commercial
      • Property SubType COMMERCIAL
      • Square Feet 10415
      • Year Built 1964
      • Acreage 1.5

      Located in Buncombe County but minutes to West Asheville (no city taxes), 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 15 minutes to downtown AVL and 10 minutes to WAVL. Several units offer mountain as well as downtown views. Open-use zoning! 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 Christian Witt and Rob Montague of Asheville Realty Group

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

      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

      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$695,000The price has recently decreased

      MLS Number CAR3764107

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Square Feet 3570
      • Year Built 2006

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

      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

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

      164 Estelle Park Drive Asheville NC 28806

      Asheville, NC164 Estelle Park Drive

      Price$649,900The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3752721

      • Residential
      • Bathroom 4
      • Bedrooms 5
      • Full Bath 3
      • Square Feet 3342

      This gorgeous home has an established vacation rental with full kitchen & bath with a separate outside entrance! This home is amazing and only 10 minutes to downtown Asheville.! The main two floors features 4 bedrooms, 2.5 baths, dedicated office/library, living room, family room, formal dining and breakfast room. Master suite has a private deck. Many outdoor spaces with front and back covered porches plus a deck in the back. Guest Quarters/Vacation Rental (30 days or more, air bnb no longer allowed in Estelle Park) has a separate entrance & features one bedroom, full bath, full kitchen, living area, theater room, & two storage closets. The perfect investment property.

      Listed by Hazy Oberski of Wnc Realty Group

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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 2.8% last updated on 2021-07-29

      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 August 1, 2021 6:44 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.