










































7 Beds
4 Full baths
3,475 SqFt
Active
Fantastic investor opportunity with tremendous cash-flow. Projected to bring in between $125k-$145k in revenue this year!!!! The parcel may have additional lots to develop. Feel like you're staying in the mountains while being only minutes to downtown Asheville! These two 1931 log cabins on 3.9 acres have been meticulously remodeled and designed to blend Asheville's rich history with an updated style, perfect to host group getaways. The property has two structures, a duplex unit and the lodge, just steps apart. The duplex features an upstairs and downstairs unit each with their own separate entrance. The upstairs unit of the duplex has a living room, kitchen, bathroom and laundry area with a king bedroom and a bedroom with two twin beds. The downstairs unit also has a living room, kitchen and bathroom with two queen bedrooms. Just steps across the parking area you will find the lodge, with three bedrooms, three bathrooms and enough common space for large groups.
Property Details | ||
---|---|---|
Price | $1,295,000 | |
Bedrooms | 7 | |
Full Baths | 4 | |
Half Baths | 1 | |
Property Style | Cabin | |
Lot Size Area | 3.9 | |
Lot Size Area Units | Acres | |
Property Type | MultiFamily | |
Sub type | Triplex | |
MLS Sub type | Triplex | |
Year Built | 1932 | |
Subdivision | Pine Burr Park | |
Roof | Fiberglass | |
Heating | Heat Pump, Propane | |
Foundation | Other - See Remarks | |
Lot Description | Hilly, Private, Sloped, Wooded | |
Laundry Features | In Unit | |
Parking Description | Driveway | |
Geographic Data | ||
County | Buncombe | |
Latitude | 35.656087 | |
Longitude | -82.577966 | |
Address Information | ||
Address | 116 & 118 Naples Road, Asheville, NC 28804 | |
Postal Code | 28804 | |
City | Asheville | |
State | NC | |
Country | United States | |
Listing Information | ||
Listing Office | Blueblaze Real Estate Group LLC | |
Listing Office Phone | 828-273-3349 | |
Listing Agent | David Bluth | |
Listing Agent Phone | 828-273-3349 | |
Special listing conditions | None | |
School Information | ||
Elementary School | Unspecified | |
Middle School | Unspecified | |
High School | Unspecified | |
MLS Information | ||
Days on market | 47 | |
MLS Status | Active | |
Listing Date | Mar 29, 2023 | |
Listing Last Modified | May 26, 2023 | |
Tax ID | 9731-72-3887-00000 | |
MLS # | CAR4015579 |
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This information is believed to be accurate, but without any warranty.