580 Fairview RD new Save Request In-Person Tour Request Virtual Tour
Asheville,NC 28803
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,186 sqft
Price per Sqft $262
MLS Listing ID 4235228
Bedrooms 5
Full Baths 2
Half Baths 2
Abv Grd Liv Area 2,186
Year Built 1920
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Duplex
Property Description
This is a money making duplex ! Located in a highly visible & convenient location on Fairview Rd, just a minute drive to I-240 & I-40. Close to shopping, Mall, Hospitals & Biltmore Village. Makes it easy to rent and always stays occupied, a no-brainer of an investment ! A well maintained building w/ ample parking & many major updates - new HVACs, plumbing, hot water tanks, metal roof, deck & two storage sheds, making this a turn-key investment ! You can rent out both units as rooms or each unit as a whole. Be creative with the larger lot at .24 acres. Zoned NB w/ a possibility of converting to commercial on main level & residential on top; or live in one side and rent out the other. The possibilities of making money are many ! W/ gross income of $56,040/yr & low carrying cost (taxes of $3234/y & insurance of $813/y) making this a great ROI over 10% ! Owner pays the lawn & water, tenants pay for other utilities. Purchase this cash cow and add this profitable asset to your portfolio
Location
State NC
County Buncombe
Zoning NB
Interior
Heating Heat Pump
Cooling Heat Pump
Appliance Refrigerator,Washer/Dryer
Laundry In Unit
Exterior
Roof Type Metal
Street Surface Gravel,Paved
Garage false
Building
Lot Description Sloped
Dwelling Type Site Built
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Oakley
Middle Schools Asheville
High Schools Asheville
Others
Pets Allowed No
Senior Community false
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None