Multifamily

203 6th Avenue Hendersonville NC 28739

Hendersonville, NC203 6th Avenue

Price$3,200,000

Est. Mortgage: $/month

MLS Number CAR3400002

  • MultiFamily
  • MLS Status Active
  • Square Feet 10158
  • Year Built 1917
  • Acreage 0.33

Elegant & historic Landmark building! Conveniently located on the corner of Church Street in downtown Hendersonville. Property has been beautifully renovated for energy efficiency while maintaining all of the charm of the 1920's. Gorgeous stain glass accents, window seats, hardwood floors, windows above interior doors, antique milk slots and more. Building features rooftop terrace with 360 degree views, an electric car charging station, elevator, reception area with controlled access, and security system. There are 5 total units, one being a penthouse. All suites have private balconies. Close to I-26. 30 minutes to Asheville. Call List agent for more information.

Listed by Donna Logan of Cornerstone Real Estate Cons.

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$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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42 Furman Avenue Asheville NC 28801

Asheville, NC42 Furman Avenue

Price$2,600,000

Est. Mortgage: $/month

MLS Number CAR3653125

  • MultiFamily
  • MLS Status Active
  • Square Feet 8395
  • Year Built 1928
  • Acreage 0.31

One-of-a-kind 27-unit apartment building close to downtown and all north Asheville amenities. 96% leased with majority long-term tenants, property is currently managed as weekly rentals. This building has been very well-maintained and managed over period of ownership. A unit mix of 1 bedrooms, efficiency apartments, rooms with private baths and rooms with shared baths. Majority of units are fully furnished gross leases. Property features oak hardwood floors in many units, off-street parking, keyed entrance, laundry facility, and organic community garden/courtyard area. Property has many period features and a lot of personality. No pet or smoking apartment building. This is a strong value-add opportunity with proven rental increases on which to capitalize. Located off the Charlotte St. exit on I- 240, (exit 5B) and less than 1 mile to the Grove Park Inn. No drive-bys. Please do not disturb property manager or tenants. Contact listing agent for all showings and more information.

Listed by Carla Barnard of Keller Williams Professionals

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$
%
$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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400 & 402 N Griffing Boulevard Asheville NC 28804

MLS Number CAR3682222

  • MultiFamily
  • MLS Status Active
  • Bedrooms 7
  • Square Feet 2799
  • Year Built 1942

Multi generational opportunity in Grove Park. Secluded, 3-home family compound on two acres with incredible views that include Grove Park Inn, downtown Asheville & western mountain ranges. At 2800 square feet, the main house offers main level living, four bedrooms, 2.5 baths with spectacular views from gourmet kitchen, adjacent dining room, living room & master bedroom. Two additional homes include a 1385 sq ft two bedroom, two bath home and a one bedroom, one bath 650 sq ft cottage. Endless possibilities for a caretaker cottage, in-law home or home office. Enjoy several outdoor seating areas including patios, decks & garden area, or just sit in hot tub & watch the sunset. All of this is less than 10 minutes to downtown Asheville in the heart of one of Asheville's most sought after neighborhoods.

Listed by Bill Byrne of Beverly-Hanks, Executive Park

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$
%
$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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33 Starnes Avenue Asheville NC 28801

Asheville, NC33 Starnes Avenue

Price$1,515,000

Est. Mortgage: $/month

MLS Number CAR3686791

  • MultiFamily
  • MLS Status Active
  • Square Feet 6351
  • Year Built 1919
  • Acreage 0.37

Excellent Investment Opportunity near Downtown Asheville. Great condition 11-Unit Multi-Family complex located in in an Opportunity Zone in Montford for purchase. Proven occupancy with 100% of the units occupied for more than 10 years. Huge upside potential for new owner.

Listed by Patrick Johnson and Jim Davis of NAI Beverly-Hanks

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$
%
$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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4, 10, 16 & 26 Baldwin Farms Road Fletcher NC 28732

MLS Number CAR3531610

  • MultiFamily
  • MLS Status Active
  • Bedrooms 7
  • Square Feet 2136
  • Year Built 1999

There is just so much to imagine about this property. The brick house is rented to a long time family member for 500/month. The doublewide belongs to the tenant and is not included in the sale. He pays lot rent of 250/month. The white farm house pays 500/month and triple wide is occupied by the seller. All tenants on a month to month agreement. This property would make a great family compound with rentals already in place or make a great property for making an event center or retreat. Open pasture and open land could be developed with spectacular views and a great location with road frontage on Concord, Gravely Branch and access from Cane Creek. This is a rare opportunity to purchase one of the only remaining farms that has been in the family for 4 generations in the Cane Creek Valley. The possibilities are endless and the views breathtaking. Call listing agent for details. Seller will entertain subdividing the property.

Listed by Greg Eskritt of Keller Williams Elite Realty

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$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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108 Justice Street Hendersonville NC 28758
Active With Contract

MLS Number CAR3668102

  • MultiFamily
  • Bedrooms 21
  • Square Feet 1940
  • Year Built 2003
  • Acreage 0.3

Investor opportunity, Prim location near downtown Hendersonville. 3 Duplexes and one single family home with in one block from 1st Ave W to S Justice to W Allen.Three of the duplex buildings are two bedroom two bath with a storage closet on the back deck, one duplex is a three bedroom two bath and the single family home is a three/two with some storage space in the basement and a vacant lot. All rented with long term clients. Room to increase the rents. Tenants play all utilities plus cable, all units have stove, refrigerator, dishwasher and washer /dryers, all are in very good condition and very clean. Walking distance to downtown, minutes to shopping and Hospital. Do not disturb the tenants call showing time of for appointments. No Sign!

Listed by Terry Tincher of Moffitt Properties

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$
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$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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223 Odonald Road Asheville NC 28806

Asheville, NC223 Odonald Road

Price$1,200,000

Est. Mortgage: $/month

MLS Number CAR3603722

  • MultiFamily
  • MLS Status Active
  • Square Feet 1032
  • Year Built 1932
  • Acreage 5.39

New Leicester Hwy acreage with 9-pads Mobile Home Park - 4 miles from Patton Avenue. High traffic corner level acreage with over 500' frontage on 5-lane New Leicester Hwy and also on O"Donald Road. Many potentials for Commercial Development, expanded MHP, Warehouse, Storage Buildings, Multi-family, or combination unrestricted usage. Outside city limits, Open Use zoning, little to no grading necessary. Three wells plus has municipal water along side property. Existing house is residence and could be residential rental or office. 4 mobiles convey. One of few larger tracts remaining for development along this rapidly growing corridor.

Listed by Micheal Farlow and Alan Cuthbertson of Lantern Realty & Development LLC

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$
%
$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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500 W Allen Street Hendersonville NC 28739

Hendersonville, NC500 W Allen Street

Price$1,145,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3708725

  • MultiFamily
  • Bedrooms 24
  • Square Feet 11915
  • Year Built 1989
  • Acreage 1.88

Excellent investment opportunity in downtown Hendersonville with a 10% cap rate that could easily be increased with current market rent. This unique property comprises 5 buildings consisting of 22 apartments and a storage unit that could be converted into an additional rental. A total of 13 lots compose the 1.88 (+/-) acres with lot 50 & 60 vacant. CASH COW with 100% occupancy for 9+ years with majority long-term tenants. This property is located within a quarter mile from Main Street making it comfortably walkable to restaurants, shopping, breweries, bus stops and grocery stores. Ideal rental for those that don't have vehicles. Property features include ceramic tile floors throughout units for easy maintenance, wooden cabinetry, laminate countertops, exterior decking, newer refrigerators and ovens and off-street parking. Please refer to attached property overview for apartment unit details. Please do not disturb residents. Contact agent if buyer is interested in viewing interiors.

Listed by Kristi Brannon of Two Trails LLC

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$
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$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1457 & 1471 Sand Branch Road Black Mountain NC 28711

MLS Number CAR3705393

  • MultiFamily
  • MLS Status Active
  • Bedrooms 4
  • Square Feet 2214
  • Year Built 1982

"Wayback Farm" provides exceptional privacy and endless opportunity as a private estate, retreat center, wilderness education, organic farm, just bring your dream! The well maintained gravel road opens to 8 acres of fertile bottom land, 5 acres of gently rolling forested land & 65 acres of wooded mountain land while a bold, crystal-clear stream flows through the property and feeds 2 ponds. A custom designed, one level, cedar home sits at the center of the property with a commanding view & full southern exposure. It has a sprawling floor plan, tons of light and 1500+sqft of decking overlooking the property. This home also includes a garage and detached guest suite. West of the main house is a well-built, 6 stall hemlock horse barn with a massive loft once used as a schoolhouse and fenced paddock. A nearly finished duplex is located to the east of the main house and adjoins the 65 acres of wooded mountain land. The property is conveniently located between Black Mountain and Lake Lure.

Listed by Luiz Leonetti and Jessi Leonetti of Town and Mountain Realty

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$
%
$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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239 Cedar Hill Road Asheville NC 28806

Asheville, NC239 Cedar Hill Road

Price$750,000

Est. Mortgage: $/month

MLS Number CAR3692433

  • MultiFamily
  • MLS Status Active
  • Square Feet 10415
  • Year Built 1964
  • Acreage 1.5

Located in Buncombe County but minutes to West AVL, 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 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 only 15 minutes to downtown AVL and ten minutes to the heart of WAVL. Several units offer mountain as well as downtown views. 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 property under MLS 3691578.

Listed by Christian Witt and Rob Montague of Asheville Realty Group

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$
%
$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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205 Hillside Street Asheville NC 28801

Asheville, NC205 Hillside Street

Price$750,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3698550

  • MultiFamily
  • Bedrooms 6
  • Square Feet 4648
  • Year Built 1916
  • Acreage 0.09

Well located, historic apartment offering in north Asheville. This 6 unit building, originally built in 1916 and recently renovated in 2020 is located directly across from Jones Elementary School. Located in north Asheville just one property off Merrimon Ave.

Listed by Austin Walker of Whitney Commercial Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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69 Old Haw Creek Road Asheville NC 28805

Asheville, NC69 Old Haw Creek Road

Price$700,000

Est. Mortgage: $/month

MLS Number CAR3689416

  • MultiFamily
  • MLS Status Active
  • Square Feet 1296
  • Year Built 1972
  • Acreage 0.64

Investor Opportunity to build a multifamily project. City planners have tentatively approved entire property for 16 units. Current seller has documentation. Also possible to utilize the rear 2 lots to be divided into 3 building slots. Depending on whether current house is removed, would allow for 8 building lots. Other possibilities: Utilize the current home as a stand alone, which is currently being rented. Utilize rear portion of property as personal garage/workshop projects. Due Diligence already completed with Civil Engineering Co. & City Zoning & Planning. The home has city water/sewer. Water and sewer allocation secured for up to 22 units. Contact us for additional information. Sale to include 3 PINs: 9658375224, 965875184, 9658376148. SELLER IS A LICENSED REAL ESTATE AGENT.

Listed by Steve Bourke and Bob Bryenton of Keller Williams Professionals

$
$
%
$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Broker Reciprocity © 2021 by the Canopy MLS. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of March 3, 2021 3:22 AM EST . 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.