33 Starnes AvenueAsheville, NC 28801MLS Number 3387407

  • Price: $1,495,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* 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.
  • 1919Year Built
  • 6351Square Feet
  • MontfordSubdivision
  • 11NumberOfUnitsTotal

Driving Directions

Rare opportunity! 11 unit building in a sweet location of Montford, just 3 blocks to downtown and shopping. This building has stayed at 100% for more than 10 years, and has a great feel about it. Units are a mixture of studios, 1 & 2 bedrooms. HW floors, high ceilings, open porches, and great parking on and off Street. Gross income of over $120K a year and an NOI around $95K. New owner can instantly increase NOI, and there's potential to increase rents with little effort. This is an excellent investment, in an awesome location, with huge potential.

Listed by Brent Allen of Keller Williams Professionals

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More Info

Basic Information

  • Broker NameKeller Williams Professionals
  • List Price$1,495,000
  • StatusACT
  • ListingTypeExclusive Right
  • ListingBoardIDLand Of The Sky Association Of Realtors
  • MLS Number3387407

Utilities

  • HeatingGas Hot Air, Gas Space Heater
  • WaterCity Water
  • SewerCity Sewer

Other

  • Modification Date05/03/2018
  • CommunityFeaturesLaundry Room
  • Year Built1919
  • View Count1

Location

  • StateNC
  • SubdivisionMontford
  • Building Number33
  • StreetStarnes
  • Zip28801
  • TownAsheville
  • High SchoolAsheville
  • CountyBuncombe
  • Elementary SchoolAsheville City
  • DirectionsFrom Downtown Asheville, head East on Patton Ave. toward College St.; Turn left onto Haywood St.; Turn right onto Flint St.; Turn right onto Starnes Ave.; Property is on the left.
  • Junior HighAsheville

Building

  • Square Feet6351
  • ConstructionTypeSite Built
  • NumberOfUnitsTotal11

Property

  • Lot DescriptionLevel
  • Property Sub TypeApartments
  • Property TypeMulti-Family
  • DriveGravel

Photos

  • DatePhoto2018-05-03T16:35:43
  • Number of Photos20
Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain, NC 28711
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