14 Beds
9 Full baths
5,813 SqFt
Active
This truly unique multi-family investment property is situated along the picturesque Swannanoa River. Property consists of 7 stick-built homes, 2 of which contain two 1/1 duplexes for 9 total units – 14 total bedrooms, and 9 baths. The two duplex buildings (four 1 Bed / 1 Bath units) and one 2/1 unit have been completely renovated, with new cantilevered porches and privacy walls, and are ready for occupancy. Remaining units will have new flooring, paint, appliances, and fixtures by mid December. Every unit will have new HVAC. Property has city water and sewer, and is zoned R-2. Pending zoning application / review, possible alternative uses include Vacation Rental, Bed and Breakfast, Childcare, Education, Family Care, Group Home, Health Care Facility, Home Occupation, etc. Convenient location with easy access to I-40 and US-70/Tunnel Rd., less than 10 minutes to Blue Ridge Parkway access, WNC Nature Center, Highland Brewing Company, and other East Asheville amenities.
Property Details | ||
|---|---|---|
| Price | $2,495,000 | |
| Bedrooms | 14 | |
| Full Baths | 9 | |
| Half Baths | 0 | |
| Lot Size Area | 1.39 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| MLS Sub type | Portfolio | |
| Year Built | 1964 | |
| Subdivision | None | |
| Roof | Shingle | |
| Waterfront | Swannanoa River | |
| Heating | Electric, Heat Pump | |
| Foundation | Pillar/Post/Pier | |
| Lot Description | Flood Plain/Bottom Land, Green Area, River Front, Wooded | |
| Laundry Features | Laundry Closet, Main Level | |
| Parking Description | Parking Space(s) | |
Geographic Data | ||
| Directions | Take I-40 to exit 55 toward US-70, then turn left onto Porters Cove Rd. Follow for .2 miles then turn left onto Tunnel Rd, right onto Moffitt Branch Rd then left at the Y onto Moffit Rd. Continue for .4 miles then turn left onto Stevens Lane. | |
| County | Buncombe | |
| Latitude | 35.590248 | |
| Longitude | -82.466133 | |
Address Information | ||
| Address | 321 Stevens Lane, Asheville, NC 28805 | |
| Postal Code | 28805 | |
| City | Asheville | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Keller Williams Professionals | |
| Listing Office Phone | 828-254-7253 | |
| Listing Agent | Katie Prendergast | |
| Listing Agent Phone | 828-254-7253 | |
| Sub Agency Compensation Type | % | |
| Buyer Agency Compensation | 3 | |
| Attribution Contact | katie@fireflyrealty.com | |
| Sub Agency Compensation | 0 | |
| Buyer Agency Compensation Type | % | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Terms | Cash, Conventional | |
| Virtual Tour URL | https://mls.ricoh360.com/eea7555b-9af5-41d4-8673-6feb9af6e30a | |
School Information | ||
| Elementary School | WD Williams | |
| Middle School | Charles D Owen | |
| High School | Charles D Owen | |
MLS Information | ||
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | Nov 17, 2023 | |
| Listing Last Modified | Nov 17, 2023 | |
| Tax ID | 9668-97-8806-00000 | |
| MLS # | CAR4087813 | |
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This information is believed to be accurate, but without any warranty.
