0 Beds

n/a Full bath

12,392 SqFt

Active

Income Producing / Multi-Family Investment Property located in the West Asheville Community. This Offering is for a Portfolio of 15 Rental Units on 7 separate tax parcels. There are 7 Duplexes constructed in 2012-2013, each duplex has a Main Floor unit consisting of 3 bedrooms/2 baths and an Upper Floor unit consisting of a 1 bedroom/ 1 bath each with its own private entrance, and there is 1 Brick SFR built in 1961 (302 Deaverview) with 3 bedrooms/2 baths. Each Structure stands alone on its own individual tax parcel. The Deaverview & Huffman Street units are on adjoining & contiguous parcels consisting of 9 Rental Units in one location. (GIS Map attached). The Buffalo Street units are also adjoining & contiguous parcels with the remaining 6 Rental Units together in a separate location within a 2.5 miles drive from one another. Please review the CoveStar Brochure for additional details. Annual property operating data and a rent roll with lease sensitivities are available upon request.

Property Details
Price $3,000,000
Lot Size Area 1.17
Lot Size Area Units Acres
Property Type MultiFamily
Sub type Duplex
MLS Sub type Duplex
Stories 2
Year Built 2012
Roof Composition
Heating Heat Pump
Foundation Crawl Space
Laundry Features In Unit
Parking Description Parking Space(s)
Geographic Data
Directions Addresses are GPS active. Traveling on West on Patton Avenue, passing Haywood Road on the left, continue 0.2 miles and prepare to turn right onto Deaverview Road. Continue 1.2 miles, duplex and SFR (302) is on the left. To Huffman Property: Leaving 302 Deaverview (going back toward Patton Avenue) at traffic light, turn right on N. Bear Creek Road, right onto Huffman. Duplex (37,39,41) will be on the right. Buffalo Street: Exiting from Deaverview Road, turn left onto Patton Avenue (be careful) 0.2 miles turn right onto Haywood Road (well known corridor in West Asheville) travel 1.4 miles and turn left on Burton Street travel 0.3 miles and continue onto Buffalo Street. Duplex (28, 36, 40) are on left. PLEASE DO NOT DISTURB TENANTS. Thank you.
County Buncombe
Latitude 35.584224
Longitude -82.584161
Address Information
Address 28 Buffalo Street, Asheville, NC 28806
Postal Code 28806
City Asheville
State NC
Country United States
Listing Information
Listing Office Covestar Investment Realty
Listing Office Phone 828-274-4009
Listing Agent James Diaz
Listing Agent Phone 828-274-4009
Special listing conditions None
Terms Cash, Conventional
School Information
Elementary School Hall Fletcher
Middle School Unspecified
High School Unspecified
MLS Information
Days on market 6
MLS Status Active
Listing Date Apr 11, 2023
Listing Last Modified Apr 17, 2023
Tax ID 9638-46-5779
MLS # CAR4019546

Map View


This information is believed to be accurate, but without any warranty.