Forward Thinking. Client Focused. Commercial Real Estate Brokerage

Listing Description

*Property sold on 5/31/2023.*

Take advantage of this outstanding investment opportunity! This well-maintained property boasts two long-term residential units on a 0.33+/- acre lot in the coveted Malvern Hills neighborhood of West Asheville. The first unit is a beautifully updated mid-century rancher with 2 beds and 1 bath, 1,127 SF of heated living space, original hardwood floors, good flow and natural light, and an open kitchen and dining area with French doors leading to a generous sunny deck. A full, 936 SF unfinished basement presents a value-add opportunity to transform it into a separate basement apartment for an additional source of income (Buyer to confirm). Built in 2018, the second unit is a tiny home that lives large with 390 SF of heated living space, 1 bed and 1 bath, a full kitchen, living/dining area, loads of natural light and a secluded, fenced backyard area. This is a unique chance to invest in an income-producing property situated on a tranquil street in desirable West Asheville, close to the bustling and trendy Haywood Rd. The community features a public outdoor swimming pool, tennis courts, picnic pavilions, trails, and a playground, and is conveniently located near numerous restaurants, bars, offices, and retail shops. Don’t miss out on this fantastic investment opportunity!

Please do not disturb tenants. Please email the listing agent to request financials.

Contact listing agent, Abigail Griffin, at 828-333-2380 or email abigail@carla-co.com for more information.

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