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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

      2212 Smokey Park Highway Candler NC 28715

      Candler, NC2212 Smokey Park Highway

      Price$3,500,000The price has recently decreased

      MLS Number CAR3843698

      • Commercial
      • Property SubType COMMERCIAL
      • MLS Status Active
      • Year Built 1964
      • Square Feet 40,309

      RETAIL INVESTMENT PROPERTY - VALLEY VIEW SHOPPING CENTER. Located west on Smokey Park Highway in the Enka/Candler area. Neighborhood strip center comprising a gross lease area of 40,309 SF on 3.83 acres and located on the direct link between Asheville and the Candler/Canton population centers. Call Keith Frierson, CCIM for details.

      Listed by Keith Frierson of Commercial Consultants Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      1994 & 1992 Hendersonville Road Asheville NC 28803

      Asheville, NC1994 & 1992 Hendersonville Road, Unit 2 Parcels

      Price$2,900,000The price has recently decreased

      MLS Number CAR3813835

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Square Feet 3,600
      • Year Built 1977

      INVESTMENT OPPORTUNITY. This 100% occupied building is now for sale along with the lot next door. Land will accommodate another retail/office building. Tons of parking with great tenants. Located directly on Hendersonville Rd.

      Listed by Paul Ellis of Pulliam Properties,Inc

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      343 Racquet Club Road Asheville NC 28803

      Asheville, NC343 Racquet Club Road

      Price$2,900,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3847848

      • Residential
      • Bedrooms 5
      • Bathroom 6
      • Full Bath 4
      • Square Feet 6,013

      For the savvy buyer seeking property with qualities that will anchor the value of their investment, location is key and diversity of use and flexibility of space are paramount. Imagine if such a find could be your mountain vacation home, primary residence and investment property rolled into one? Come see this outstanding creekfront retreat tucked in a rare in-town private tract that is now within the gates of The Ramble community but not subject to the HOA. Thoughtfully designed for flow and function with abundant natural light and living space that seamlessly bounds the interior with the outdoors. Enjoy a well-equipped gathering kitchen for the inspired home chef, a sublime screened porch, luxurious home theatre, 850 bottle wine cellar and secluded gardens and play areas. Ample breakout spaces for work and privacy. Fronting 200 feet of Dingle Creek with access to miles of private nature trails and Longmeadow Park. Good STR history. 3DTour: https://my.matterport.com/show/?m=i7EZrDPMi2S

      Listed by Jo Chandler of Preferred Properties

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      141 Asheland Avenue Asheville NC 28801

      Asheville, NC141 Asheland Avenue

      Price$2,790,000The price has recently decreased

      MLS Number CAR3803629

      • Commercial
      • Property SubType COMMERCIAL
      • MLS Status Active
      • Year Built 1998
      • Square Feet 12,969

      Rare Opportunity to own an income producing multi-tenant 3 story standalone building in Asheville, NC. Expertly maintained, this property is 12,696 sf sitting on .67 acres. It is conveniently walkable to anywhere in the central business district of downtown Asheville. Exclusive onsite parking (48 parking stalls) and high visibility with street signage. Located on Asheland Ave, one of downtown Asheville's most traveled streets, near the busy intersection of Hilliard and Asheland Avenues (combined traffic counts of >19,000 vpd). There are currently 3 stable tenants in place and 1 vacant ready-to-occupy medical office (see suite details). Excellent opportunity for an investment with upside potential to re-tenant the move-in ready vacant space, or for an owner/user.

      Listed by Karl Nelson of NAI Beverly-Hanks

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      21 Battery Park Avenue Asheville NC 28801

      Asheville, NC21 Battery Park Avenue, Unit 102 & #103

      Price$2,650,000The price has recently decreased

      MLS Number CAR3852416

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Bathroom 2
      • Square Feet 4,478

      Effortless investment opportunity located in a prime, class A mixed-use building in the heart of Downtown Asheville. Sale includes 2 fully leased commercial street-level suites with great visibility in a high footfall location. Both tenants are well-established & stable with leases until 2024/2026, annual rent increases and options to renew (1 true NNN lease; 1 modified gross). The suites are well-maintained and feature a total of 4,478 SF with large display windows, exposed ceilings & natural light. Situated in the Central Business District and adjacent to the Cambria Hotel & Grove Arcade, the property is surrounded by numerous restaurants & retailers and in an ideal location frequented by many locals and tourists alike. Asheville is nestled in the Blue Ridge Mountains and at the crossroads of two major interstates, I-26 and I-40. Ranked #10 on a list of “Trending Destinations in the U.S.” by Tripadvisor.com in 2022, Asheville is a year-round destination with a bustling economy.

      Listed by Carla Barnard of Carla & Company Real Estate Services

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      5 Ravenscroft Drive Asheville NC 28801

      Asheville, NC5 Ravenscroft Drive

      Price$2,500,000The price has recently decreased

      Active With Contract

      MLS Number CAR3798162

      • Commercial
      • Property SubType COMMERCIAL
      • Bathroom 5
      • Square Feet 12,981
      • Year Built 1929

      Freestanding multi-tenant historic downtown Asheville office for sale. 1929 design by William J. East for Odd Fellows Lodge. On National Register. Grand brick fa├žade, terracotta trim, elaborate windows, arched alcove porch. Double wooden doors w/transoms, lobby with mottled pink Georgia marble floors, solid doors w/ brass hardware, original schoolhouse lights. Balcony staircase, 16' ceilings in expansive upstairs space for events or open office. Modern upgrades include new elevator, electrical, central HVAC. Fully occupied with 9 tenants. Connected to ERC broadband network. Within steps of Asheville's best restaurants, breweries, retail, yet on a quiet street. Multi-tenant office investment , or professional office, or owner-occupant. 2 separate entrances provide options. Potential for residential or hospitality conversion. 13 onsite surface parking spaces, plus free public street parking, adjacent pay lots, nearby garage.

      Listed by Stephanie West of Whitney Commercial Real Estate

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      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      365 Weaverville Road Asheville NC 28804

      Asheville, NC365 Weaverville Road

      Price$1,990,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3861920

      • MultiFamily
      • MLS Status Active
      • Property SubType Residential Income
      • Bedrooms 16
      • Square Feet 9,468

      ***great multifamily investment opportunity located less than 10 miles from downtown asheville*** Twelve units over four buildings, the property sits on ±0.85 acres with easy access to asheville via interstate 26 or merrimon avenue. Excellent income-producing property with upscale through renovation and moving rents to market. -see brochure for more details-

      Listed by Keaton Edwards of G/M Property Group

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      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      100 Lower Shephard Branch Road Weaverville NC 28787

      Weaverville, NC100 Lower Shephard Branch Road

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

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3830994

      • Residential
      • Bedrooms 3
      • Bathroom 2
      • Full Bath 1
      • Square Feet 1,440

      56+/- Acres - BRAND NEW ON THE MARKET IN WEAVERVILLE! Attention developers, investors and equestrian enthusiasts, this is the property for you! Sprawling over 57 acres, this one of a kind land tract boasts multiple creeks, over 20+/- acres of gorgeous rolling pasture land, hardwoods, TWO HOMES, outbuildings, HUGE old tobacco barn and plenty of INCREDIBLE long range views! All this within 10 minutes of Weaverville with its many shops, restaurants and historic downtown. As Asheville grows towards a Weaverville, gently rolling land like this is becoming harder and harder to find and should only go up in value. Whether it's an investment you're looking for, acreage for your own mountain getaway, or a prime piece of land for development, it's going to be hard to beat this one. Call us and schedule a private showing today. THIS ONE WILL NOT LAST!

      Listed by Tom Peacock of Mossy Oak Properties Carolina Timber & Realty

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      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

      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$1,875,000The price has recently decreased

      Active With Contract

      MLS Number CAR3770821

      • Commercial
      • Property SubType COMMERCIAL
      • Bathroom 3
      • Year Built 1963
      • 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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      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      122 Fairmont Road Candler NC 28715

      Candler, NC122 Fairmont Road

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

      Est. Mortgage: $/month

      MLS Number CAR3826571

      • Residential
      • Bedrooms 3
      • Bathroom 2
      • Full Bath 2
      • Square Feet 2,048

      The Oaks at Fairmont is a special place as it offers the duality of an escape reinforced by an incredible opportunity. Encompassing just under 12 picturesque green acres, the farm provides the perfect blend of space, convenience and is a sound investment. The development potential to create a 14-lot residential community that has already been approved by Buncombe County is exceptional. The entry is framed by mature oak trees and a 1925 farmhouse that opens to pastoral land, mountain views and the woods beyond. All lots are generous in size, gentle in topography and a city water tap is available at Fairmont Road. A one-of-a-kind development opportunity or private estate. approved subdivision plat is available and engineered drainage system. Restrictions to be added to the parcel for minimum square footage for the build.

      Listed by Marilyn Wright of Premier Sothebys International Realty

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      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      95 Shope Creek Road Asheville NC 28805

      Asheville, NC95 Shope Creek Road

      Price$1,275,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3861388

      • Residential
      • Bedrooms 3
      • Square Feet 1,954
      • Bathroom 3
      • Year Built 1983

      Tucked away in the gorgeous Shope Creek Valley is an idyllic mountain scene of 6 gentle acres, 2 single family homes, detached garage with FROG, outbuilding, carports, springs, trails. pasture and a working barn. This land has been in the Shope family for generations and has never before been on the market. The main house is a one owner 3BD/3BA built in 1983 with a private azalea lined driveway and gate, vaulted ceilings, two car garage, private well, huge private back deck, main floor laundry room, carport and more. The second home is a 2BD/1BA built in 1931 with hardwoods, fireplace, private well and gazebo with mountain view and tons of deck space. A detached garage with a FROG is adjacent. Additional building spots. Mature landscaping of rhododendrons, azaleas and more. Natural and peaceful setting. Perfect for a private estate, mini farm, investment property or mountain getaway. Minutes to the popular Shope Creek Trailhead and only 20 minutes to Asheville and Black Mountain.

      Listed by Gray Tolson and Mahalia Kennedy of Appalachian Realty Associates

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      85 & 95 Shope Creek Road Asheville NC 28805

      Asheville, NC85 & 95 Shope Creek Road

      Price$1,275,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3861528

      • MultiFamily
      • MLS Status Active
      • Property SubType Residential Income
      • Bedrooms 5
      • Square Feet 1,954

      Tucked away in the gorgeous Shope Creek Valley is an idyllic mountain scene of 6 gentle acres, 2 single family homes, detached garage with FROG, outbuilding, carports, springs, trails. pasture and a working barn. This land has been in the Shope family for generations and has never before been on the market. The main house is a one owner 3BD/3BA built in 1983 with a private azalea lined driveway and gate, vaulted ceilings, two car garage, private well, huge private back deck, main floor laundry room, carport and more. The second home is a 2BD/1BA built in 1931 with hardwoods, fireplace, private well and gazebo with mountain view and tons of deck space. A detached garage with a FROG is adjacent. Additional building spots. Mature landscaping of rhododendrons, azaleas and more. Natural and peaceful setting. Perfect for a private estate, mini farm, investment property or mountain getaway. Minutes to the popular Shope Creek Trailhead and only 20 minutes to Asheville and Black Mountain.

      Listed by Gray Tolson and Mahalia Kennedy of Appalachian Realty Associates

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

      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$1,200,000The 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: 5.25% last updated on 2022-05-19

      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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      501 Sweeten Creek Industrial Park Road Asheville NC 28803

      Asheville, NC501 Sweeten Creek Industrial Park Road

      Price$975,000The price has recently decreased

      MLS Number CAR3846861

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Square Feet 6,067
      • Year Built 1977

      Investment Sale! Fully leased multi-tenant property, on Sweeten Creek Industrial Park Road, easily accessible from I-40 off of Sweeten Creek Road. Property includes a commercial kitchen, leased by food truck operators as well as warehouse and office space leased to multiple tenants. The property sits on a large lot, 1.04 acres which includes a rear lot leased to two tenants. The building is 6,067 square feet, including a 1,000 square foot open warehouse canopy used for deliveries, and the potential for outside storage. Property is occupied, please do not disturb tenants. Call listing agents to arrange showings.

      Listed by Sara McGee and Bill Roberts of GreyBeard Realty

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      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

      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$899,900The price has recently decreased

      MLS Number CAR3794428

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • 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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      12 Mercy Ridge Road Asheville NC 28804

      Asheville, NC12 Mercy Ridge Road

      Price$875,000The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3851198

      • Residential
      • Bedrooms 3
      • Full Bath 3
      • Bathroom 3
      • Square Feet 1,992

      Fabulous Mountain Modern Home is Under Construction at 80% complete now. The buyer must finish construction including driveway, mechanical, septic, flooring, carpentry, and personal finishes. Absolutely one of the best settings and views in all of Asheville...a true mountain experience bordered by Blue Ridge Parkway Land (View Shed Protected) at the convergence of Elk Mountain Scenic Highway, Town Mountain Road, and the Parkway. 3 beds, 3 baths, main level living, open floor plan, and floor-to-ceiling windows that flood this home with views and light. A must-see for buyers/investors ready and able to finish the construction. A sound investment and a rare opportunity to complete the construction of a spectacular home located at a high elevation with never-ending views!

      Listed by Brent Russell of Beverly-Hanks,Executive Park

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      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      20 Keats Road Black Mountain NC 28711

      Black Mountain, NC20 Keats Road

      Price$875,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3859579

      • Residential
      • Property SubType TOWNHOUSE
      • Bedrooms 3
      • Bathroom 3
      • Full Bath 3

      This unique and beautiful townhome, architecturally designed by Michael McDonough, is located in The Village of Cheshire, just one mile from downtown Black Mountain. Open concept living, covered front porch with year-round scenic mountain views, convenient low-maintenance lifestyle. Wonderful neighborhood setting with green spaces, walking trails, streams, community garden and local shops/restaurants. Within walking distance to Black Mountain YMCA and Creekside Racquet Club. Easy access to Asheville, with endless opportunities to enjoy the arts, history and outdoor recreation in the gorgeous western North Carolina mountains. Make this your personal home or your investment home for short/long-term rental opportunity. Agent is Owner.

      Listed by Lynn Hawthorne of Hawthorne Realty LLC

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      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      7 Fitzgerald Road Black Mountain NC 28711

      Black Mountain, NC7 Fitzgerald Road

      Price$850,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3862699

      • Residential
      • Property SubType TOWNHOUSE
      • Bedrooms 3
      • Year Built 2007
      • Bathroom 2

      Unusual opportunity to own a stunning townhouse in one of Black Mountain's finest upscale communities, Cheshire. You can live the life you have dreamed with the ability to "lock and leave." If you leave, you can rent this beautiful home as a vacation rental while you are gone. If you rather have a full time investment working for you in WNC's best vacation spot, this will make a great investment. This home comes fully and eloquently furnished down to the last details. You can just bring your personal belongs and move in! This is an opportunity that only comes to the most fortunate buyer; right place at the right time!

      Listed by John Carroll and Hilary Corn of Coldwell Banker King

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      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      25 Brown Street Weaverville NC 28787

      Weaverville, NC25 Brown Street

      Price$824,000The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3858772

      • Residential
      • Bedrooms 4
      • Bathroom 5
      • Full Bath 4
      • Square Feet 3,250

      Beautiful and meticulously maintained home in the heart of Weaverville. Only seconds away from Lake Louise and a block from the charming center of downtown. Enter into a cozy den or perfect spot for a home office, then you are greeted with an abundance of natural light from large windows in the open living area with a generous kitchen with island, dining area and living room. Spacious main-floor primary suite and an additional guest room, naturally accommodates modern living. Upstairs, a large bonus room is perfect for family/recreation at home, additional bedroom and full bathroom provide plenty of room for family and friends. Lower level features 2nd living quarters with a full efficient apartment and a private space with bedroom, sitting area and half bath which is currently used as Airbnb. The outdoor space offers many options for entertaining and enjoying the beautiful gardens. The home includes roof-mounted solar panels which keep those utility bills low. Investment opportunity.

      Listed by Ruth Watts of Seller Solutions

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      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      7 Patton Avenue Asheville NC 28801

      Asheville, NC7 Patton Avenue, Unit 1008

      Price$795,000The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3805226

      • Condo
      • Property SubType CONDOMINIUM
      • Bedrooms 1
      • Full Bath 1
      • Square Feet 868

      Stunning new luxury condo on the 10th floor of the Arras Residence! This is the only floor permitted for short term rentals. This turnkey, stylish condo boasts marble countertops, stainless appliances, gas cooktop range, custom cabinetry, contemporary furnishings, and a breakfast bar. There are gorgeous long-range views of the Grove Park Inn and Blue Ridge Mountains from every room! This condo can be a full-time home, a second home, or can be in the already established short term rental (STR) program as an investment property. Take advantage of the many amenities that The Arras Hotel has to offer including a state-of-the-art workout facility, and delicious and convenient room service. Or enjoy dinner or drinks in the hip restaurant or lobby bar before a night on the town. Or simply earn income in the center of vibrant downtown Asheville minutes from award winning restaurants, stylist galleries/museums, and fantastic shopping. Condo is turnkey, furniture included.

      Listed by Hadley Goodman Cropp 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: 5.25% last updated on 2022-05-19

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

      506 Hiawassee Avenue Black Mountain NC 28711

      Black Mountain, NC506 Hiawassee Avenue

      Price$750,000The price has recently decreased

      Est. Mortgage: $/month

      Active With Contract

      MLS Number CAR3842416

      • Residential
      • Bedrooms 5
      • Bathroom 3
      • Full Bath 3
      • Square Feet 2,777

      WARM WEATHER & COLD FEET are your gain!! Buyers backed out with 5minutes to spare. You can now have access to a full inspection report of this newly built home from the previous clients. With no neighborhood restrictions and sitting on .44acre private lot in the heart of Black Mountain, the options for living and investment are limitless. 1 mile from the charming downtown and less than a half a mile from the stunning ever popular Lake Tomahawk. This home offers all the options for indoor and outdoor living spaces. The screened in back porch is outfitted for a gas fireplace which doubles as a hookup for the back deck grill. The current homeowners finished the entire lower level that includes 2 more bedrooms and an office space. Manicured lawn keeps this property feeling secluded all year long.

      Listed by Leslee Fontaine of Beverly-Hanks,South

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

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      518 & 522 Upper Grassy Branch Extension Asheville NC 28805

      Asheville, NC518 & 522 Upper Grassy Branch Extension

      Price$749,900The price has recently decreased

      Est. Mortgage: $/month

      MLS Number CAR3863327

      • Residential
      • Bedrooms 5
      • Square Feet 1,642
      • Year Built 1985
      • Bathroom 3

      Two houses and a vacant lot! Looking for the perfect investment property, look no further! This meticulously maintained home located in the super sought after area of east Asheville has 3 parcels and includes a vacant lot for building another investment home. The beautifully maintained yard invites you to come and see the amazing stone work that surrounds the exterior of the home. Once inside the split foyer, you immediately see the recently painted walls and newly remodeled kitchen with Stainless Steel appliances. Relax and enjoy the mountain view on the large covered back porch. See yourself with the family in the basement den playing games, watching TV or just looking out the large picture window. The large two car garage has new doors and a small shop area for working on you next car restoration project or just storing your lawnmower. You and your guests will certainly enjoy this quiet country location! Only minutes to Asheville, this one won't last long and is a must see!

      Listed by David Rathy of Keller Williams Elite Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      11 Cheryl Lane Leicester NC 28748

      Leicester, NC11 Cheryl Lane

      Price$725,000The price has recently decreased

      MLS Number CAR3860283

      • Commercial
      • MLS Status Active
      • Property SubType COMMERCIAL
      • Year Built 1987
      • Acreage 22.23

      Excellent investment opportunity 20 minutes from downtown Asheville with additional build-out potential. This 3-parcel property currently produces pad rental income for 20 mobile homes and 4 RV lots. The current cluster development of the park, 22.23+/- Acres, and Open Use zoning provide a considerable opportunity for additional units. There's also potential upside value in adding RV's to existing lots. The park has a solid rental history and occupancy. Existing management is open to continuing their service. This is an investment opportunity that provides stable income with remarkable upside capacity. Please email the listing broker for financial information.

      Listed by Darrell Metcalf of Carla & Company Real Estate Services

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      Federal 30-year interest rate: 5.25% last updated on 2022-05-19

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

      Broker Reciprocity © 2022 Listings courtesy of Canopy MLS as distributed by MLS GRID. 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 24, 2022 7:54 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. Some IDX listings have been excluded from this website.