Asheville NC Mult-Family Real Estate

8 Village, Asheville, NC 28803

Price$5,550,000

Est. Mortgage: $/month

MLS Number 3335396

  • MultiFamily Multi-Family
  • Square Feet 19364
  • Year Built 1931
  • Zoning Institutional

Rare development & investment opportunity on 1.93 acres in the heart of Biltmore Village in Asheville! On the National Historic Register, this 11-unit luxury condo complex was converted from the historic Biltmore Hospital in 2005. Offered are the 8 remaining fully furnished 2 bedroom condo units zoned to allow short term vacation rental, a 30 space off-street parking lot, and a development pad where owner was permitted for an additional 15,448SF building (see PIN#9647-79-0174-R0001). Elevator.

Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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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288 Montford, Asheville, NC 28801

Price$2,550,000

Est. Mortgage: $/month

MLS Number 3392423

  • MultiFamily Multi-Family
  • Square Feet 5500
  • Year Built 1900

History meets luxury chic with this Richard Sharp Smith classic. Incredible furnishings, posh accommodations, positive cash-flow, and vibrant, walkable, in-town location make this property perfect as an urban retreat. Completely turn-key, surrounded by lush lawns, resplendent gardens, and fanciful koi ponds - this enchanting storybook dwelling captures the imagination with a shingled, half-timbered, and pebble-dashed exterior. The six-bedroom main house features pristine detail harking back to Asheville's gilded age. A fully restored and updated carriage house features a one-bedroom owner's loft with full kitchen, living area with fireplace, and outdoor terrace. Two studio apartments on main floor feature en-suite bedrooms, kitchenette, fireplace, and private terrace, or patio. Zoned RM8 and licensed as conforming B&B - close to cafés, galleries, shopping, museums, parks, and greenways - possibilities are limitless with this highly coveted Montford property.

Listed by Mike Davis of Ivester Jackson Blackstream

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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, Asheville, NC 28801

Price$1,495,000

Est. Mortgage: $/month

MLS Number 3387407

  • MultiFamily Multi-Family
  • Subdivision Montford
  • Square Feet 6351
  • Year Built 1919
  • Lot Description Level

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

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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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12 & 39 Davida, Asheville, NC 28806

Price$1,100,000

Est. Mortgage: $/month

Pending

MLS Number 3306251

  • MultiFamily Multi-Family
  • Zoning Residential

Great 31 unit mobile home park in Asheville. Green and beautiful environment. Excellent paved roads throughout the park. Mix of park owned and tenant owned units. Sale includes 3 parcels-13 acres. 2 parcels accessed by Davida Drive and one off of Dix Creek Chapel(Lillian Lane). Good investment now - huge future potential.

Listed by George Lycan of Keller Williams Professionals

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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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40 Dortch, Asheville, NC 28801

Price$980,000

Est. Mortgage: $/month

MLS Number 3351156

  • MultiFamily Multi-Family
  • CoListAgent_MUI 28243205
  • Year Built 1965
  • Square Feet 5684

7 unit apt. building in highly desirable Five Points neighborhood.Secluded yet convenient to Merrimon, UNCA, Montford, Downtown. Four 1BR/1BA, two 2BR/2BA, one 3BR/1.5BA Fully rented and all tenants on month-to-month, off-street parking (10 spaces), large community backyard, washer hookups in Apt. 3,4,5. Solid income producing property but with rents below market there is room for growth.

Listed by Patrick Johnson and Brian Turner of NAI Beverly-Hanks

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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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860 Haywood, Asheville, NC 28806

Price$689,000

Est. Mortgage: $/month

MLS Number 3385533

  • MultiFamily Multi-Family
  • Square Feet 2301
  • Year Built 1905

Current use: Three unit vacation rental directly off of Haywood Rd. in West Asheville. Parking is currently graveled with 4 spaces and on street parking directly in front of the building. All units are newly remodeled and rented through Air BNB and VRBO. New roof and siding (siding covers asbestos shingles). High traffic area makes this suitable for vacation rental, retail, residential, medical and office.

Listed by Scott McDonald of Innovative Realty Concepts, LLC

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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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21 Herron, Asheville, NC 28806

Price$679,000

Est. Mortgage: $/month

MLS Number 3410613

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1923
  • Square Feet 3810

Rare and well cared multifamily property located in the heart of thriving West Asheville. Less than ½ block from the interesting and fun west Asheville retail/restaurant scene. 4 very large 1 BR apartments with formal dining room, living room, bathroom and laundry in units. 1 recently built studio apartment (rent capped on this unit per City of Asheville deed restriction). Property has been very well cared for and owner managed for years. Many high quality updates and upgrades. Includes a detatched garage/storage structure that could bring in additional income. Income and expense info attached.

Listed by Jon Sarver of Sarver Realty Group, LLC

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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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296 Short Michigan, Asheville, NC 28806
Pending

MLS Number 3377559

  • MultiFamily Multi-Family
  • CoListAgent_MUI 28244030
  • Year Built 1995
  • Square Feet 6809
  • Lot Description Open/Cleared

Offering a multi-family income producing property minutes to West Asheville's coveted Haywood Road. While this property currently operates between a 7-9% cap, there is opportunity for more. Zoning and size of lot will allow for many options in developing a higher yield property within Asheville, NC.

Listed by Chris Smith and Carla Barnard of Keller Williams Professionals

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

43 Caledonia, Asheville, NC 28803

Price$550,000

Est. Mortgage: $/month

MLS Number 3314144

  • MultiFamily Multi-Family
  • Subdivision Kenilworth
  • Year Built 1918
  • Square Feet 4530
  • Lot Description Green Area

"Caledonia Manor"- 6 rental units, fully occupied, located in Kenilworth. Built in 1918 as a single family home and converted into a 6-plex (many years ago). Hardwood floors, coin-op W/D on site, one studio in the attic, a 2 bedroom unit and (4) one-bedroom units. Tons of sunlight, lots of windows, balconies, patios, and plenty of off-street parking. Newer architectural roof, separate gas meters for each unit, upside potential for rent increase, solid tenant base, in-town convenient location.

Listed by Rory Heller of Keller Williams Professionals

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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.

Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details

62 Debra, Asheville, NC 28806

Price$549,000

Est. Mortgage: $/month

MLS Number 3396154

  • MultiFamily Multi-Family
  • Subdivision Echo Hills
  • Year Built 1985
  • Square Feet 4136

Private 2+ acre multi house compound located only 4 miles from downtown Asheville. Sewer and water connected to each unit. Add some tiny homes and create a big garden. Smith Mill Creek runs along side of property. Big house has two living sections with a total of 5 bedrooms and 3 full baths. Smaller white house has 2 BR/1BA over garage. Green house in the woods has 2BR/1BA.

Listed by David Wall of West Asheville Real Estate

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

4 Parkway, Asheville, NC 28803

Price$525,000

Est. Mortgage: $/month

MLS Number 3392584

  • MultiFamily Multi-Family
  • Subdivision None
  • Square Feet 1609
  • Year Built 2009

Unique opportunity for investor in this immaculate 5-Star turn-key Airbnb retreat w/ 2 units.Rent both or live in one & rent the other.Since it's not in the city limits, there are no issues w/ vacay rental permitting.The in-law suite is completely prvt w/ its own BR, MBA & kitchen w/ no shared spaces.Arts & Crafts inspired home was personally designed by the owner w/ upgraded design details: concrete countertops, salvaged barn wood & handmade tiles surrounding the wood-burning fireplace, wide plank oak floors, tile baths, loft space, 28 ft high ceilings to provide tons of light & space, 3/4 wrap around deck, covered front porch, fenced & wooded backyard, 2 hot h2o heaters for your guests & easy to maintain yard w/ rhododendrons & dogwoods.2-car carport w/ a lrg storage rm.Furniture & amenities stay-start renting day one.Walk to the Blue Ridge Parkway & Mountain to Sea Trail, 6.5 miles to downtown Asheville, 5 miles to the Biltmore Estate & access to 40 and 240 to get anywhere fast.

Listed by LeNoir Medlock of Preferred Properties

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

25 and 27 Smooth Rock, Asheville, NC 28803

MLS Number 3413267

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1970
  • Square Feet 4599

One of a kind property with two homes and a creek on almost 3 acres. Convenient to Asheville. Property could be used as a family compound or vacation rental. Peaceful setting. Sit out by the creek and have total privacy. First home has new heat system, flooring and many other updates. Second home has hardwood throughout, bonus space in basement that can be used as apartment and a beautiful master suite added onto the home.

Listed by Amanda Moss of Apple Country Realty

{$office->Name}

Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain NC, 28711
Office: (828) 419-9128

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* 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.

Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details

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