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239 Cedar Hill Road

Asheville, NC 28806
  • $750,000
  • STATUS: Active Under Contract
  • ON SITE: 227 days
  • ID#: 3691578
Under Contract
UPDATED: 70 min ago
$750,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,415
    SQFT
  • $72
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1964
County:
Area:

School Ratings & Info

Offered by Asheville Realty Group. Copyright 2021 Canopy MLS. All rights reserved.

Description

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.

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Based on information submitted to the MLS GRID as of 2021-08-01T08:58:52.9 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Berkshire Hathaway HomeServices Carolinas Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

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239 Cedar Hill Road Asheville, NC 28806

  • Price: $750,000
  • Status: Active Under Contract
  • Updated: 70 min ago
  • ID#: 3691578
0
Beds
0
Baths
0
½ Baths
1.5
Acres
10,415
SQFT
$72
$/SQFT
1964
Built
Neighborhood:
Asheville
County:
Buncombe
Area:
Asheville
Property Description
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.
Exterior Features

Elevation 2000 Flood Plain No Road Frontage Type City StreetGravel RoadPaved RoadPrivate RoadOther Road Responsibility Other Roof See Remarks

Interior Features

Building Area Total 10415 Cooling Other Flooring See Remarks Foundation Details See Remarks Heating Other Utilities Cable AvailableCity WaterElectricity AvailableNatural Gas AvailableSeptic Tank

Property Features

CCRSubject To Undiscovered Commercial Location Description Other Construction Status Complete Cross Street Swager Drive HOASubject To None Inclusions BuildingFixturesLand Inside City YN No Listing Terms CashConventional Miscellaneous City ViewFencedFire/Smoke AlarmOther New Construction YN No Possible Use Multi-FamilyResidential Property Sub Type Commercial Restrictions N/A Restrictions Description N/A Special Listing Conditions Subject To Lease Structure Type Other Tax Assessed Value 637800 Transaction Type For Sale Zoning Description Ou



Based on information submitted to the MLS GRID as of 2021-08-01T08:58:52.9 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Berkshire Hathaway HomeServices Carolinas Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

Digital Millennium Copyright Act
 
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Berkshire Hathaway HomeServices Carolinas Realty
6801 Morrison Blvd. Suite 101
Charlotte NC, 28211
Offered by Asheville Realty Group. Copyright 2021 Canopy MLS. All rights reserved.