Views
Address
239 Cedar Hill Road Asheville, NC
Price
$ 750,000
Property Attributes
  • ID#3691578
  • TypeContingent
  • CountyBUNCOMBE
  • CityAsheville
  • AreaBuncombe County
  • Zip28806
  • StyleCommercial
  • Price$ 750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10415
  • Lot Size1.5 Acres
Listing Provided Courtesy Of:
Asheville Realty Group
Data Source:
Canopy MLS
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 MULTI-FAMILY under MLS 3692433.

Price History
12/16/2020 Listed $750,000

General Features

Additional Parcels Description 9618-87-3815-00000
Car Hoasubjectto None
City Asheville
Construction Type Manufactured, Site Built
Cooling Other
County Buncombe
Days on Market 136
Directions From downtown Asheville, take I-240 West and stay left to merge onto Patton Avenue. Turn right onto Johnston Blvd. Turn slight left onto Cedar Hill Road. 239 Cedar Hill Road is on the right.
Elevation 2000
Flooring See Remarks
Heating Other
New Construction No
Possible Use Multi-Family, Residential
Property SubType Commercial
Property Type Commercial Sale
Restrictions N/A
Roof See Remarks
Secondary Sub-Type Other
Standard Status Active Under Contract
Street Name Cedar Hill
Structure Type Other
TaxAssessedValue 637800
Total Units 9
Utilities Cable Available, City Water, Electricity Available, Natural Gas Available, Septic Tank
Virtual Tour https://youtu.be/Qcp2rWS0B84
Virtual Tour https://youtu.be/L6KvlS8nOb4
Year Built 1964
Zoning Description OU

Interior Features

Living Area 10415
Street Suffix Road

Exterior Features

Building Area Total 10415
Foundation Details See Remarks
Inclusions Building, Fixtures, Land
Lot Size Area 1.5
Number of Buildings 5
Road Frontage Type City Street, Gravel Road, Paved Road, Private Road, Other
Road Responsibility Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 28806

Price
AVG $380K
$750K
Visits
AVG 72
60
Year Built
AVG 1983
1964
Walkscore
AVG 29
10
Data Provided by Walkscore ® not using MLS data

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