181 Merrimon Avenue, Asheville, NC 28801

$899,000
3,212
SqFt

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Listing courtesy of Appalachian Realty Associates. gray@appalachianrealty.com

List Price
$899,000
MLS#
4197890
Status
ACTIVE
Days on Market
631
Property Type
Residential Income
Architectural Style
Arts and Crafts
Distressed Property
Yes
Year Built
1907
Price Change
▼ $99,000 1784074633
Full Baths
4
Lot Size
17,859
Lot Size Area
0.41000000000000003
Living Area
3,212
Sq Ft Total
3212
County
Buncombe
Special Conditions
Subject to Lease
Waterfront Features
None

Property Description

INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.

Additional Information

Equipment
Dishwasher, Electric Range, Refrigerator
Foundation
Basement, Pillar/Post/Pier
Laundry Location
None
Heating
Hot Water, Natural Gas
Water
City
Sewer
Public Sewer
Exterior Construction
Cedar Shake
Roof
Architectural Shingle
Parking
Driveway, Parking Space(s)
Driveway
Asphalt, Paved
Elementary School
Asheville City
Middle School
Asheville
High School
Asheville
Zoning
CBI
Total Property HLA
3212

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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