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    239 Cedar Hill Road

    Asheville, NC 28806
    • $750,000
    • STATUS: Active Under Contract
    • ON SITE: 222 days
    • ID#: 3692433
    Under Contract
    UPDATED: 35 min ago
    $750,000
    • 0
      BEDS
    • 1.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,415
      SQFT
    • $72
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    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 COMMERCIAL under MLS 3691578.

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    Based on information submitted to the MLS GRID as of 2021-07-31T12:59:08.983 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: 35 min ago
    • ID#: 3692433
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.5
    Acres
    10,415
    SQFT
    $72
    $/SQFT
    1964
    Built
    Neighborhood:
    None
    County:
    Buncombe
    Area:
    Asheville
    Elementary School:
    Unspecified
    Middle School:
    Unspecified
    High School:
    Unspecified
    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 COMMERCIAL under MLS 3691578.
    Exterior Features

    Construction Materials BrickVinyl SidingWood Siding Construction Status Complete Elevation 2000 Exterior Features Other Lot Features City ViewLevelMountain ViewPavedViews Parking Features Driveway Porch Deck Road Surface Type GravelShared

    Interior Features

    Accessibility Features Other Appliances Other Below Grade Finished Area 0 Building Area Total 10415 Flooring See Remarks Foundation Details See Remarks Heating BaseboardGas Hot Air Furnace Laundry Features Other

    Property Features

    Community Features None HOASubject To None HOASubject To Dues No Listing Terms CashConventional New Construction YN No Pets Allowed Conditional Property Features Other Property Sub Type Multi-Family Proposed Special Assessment YN No Rent Includes Exterior MaintenanceGarbage Pick-UpManagementSewerWaterSee Remarks Road Responsibility Other Sewer Septic Installed Special Listing Conditions Subject To Lease Structure Type Other Tax Assessed Value 637800 Tenant Pays Cable TvOther Unit Count 0 Water Heater Other Water Source Public Zoning Description Ou



    Based on information submitted to the MLS GRID as of 2021-07-31T12:59:08.983 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.