117 & 119 Spears Avenue, Asheville, NC 28801

$850,000
6
BD
3,307
SqFt

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Listing courtesy of Nest Realty Asheville. angie@nestrealty.com

List Price
$850,000
MLS#
4424401
Status
ACTIVE
Days on Market
0
Property Type
Residential Income
Year Built
1915
Bedrooms
6
Full Baths
5
Lot Size
9,147
Lot Size Area
0.21
Living Area
3,307
Sq Ft Total
3307
County
Buncombe
Subdivision
No Neighborhood
Special Conditions
None

Property Description

Full of character and opportunity in the heart of Asheville, 117 Spears Avenue offers a unique chance to own a four unit property comprising two separate buildings, each featuring an upstairs and downstairs residence. With numerous recent updates throughout, the property is turnkey and ready for its next owners, creating an exciting opportunity for investors, multigenerational living, or an owner occupant looking to generate rental income. The first building offers a spacious 2 bedroom, 2 bath main-level unit (117-101) with an office, living room, dining room, kitchen, mudroom, front porch, and an ensuite bath. Upstairs, 117-201 is a 1 bedroom, 1 bath unit with its own kitchen and living room. The second building adds two more residences, with 119-101 offering 1 bedroom and 1 bath, along with additional storage, and 119-201 featuring 2 bedrooms and 1 bath. Set along an established residential street, the property combines a flexible four unit layout with a convenient in town Asheville location. Off street parking is available for residents of all four units, adding an especially valuable convenience to this centrally located property. Enjoy easy access to downtown Asheville, nearby restaurants, shopping, local businesses, and everyday amenities while maintaining the feel of a residential setting. With two buildings, four individual units, a total of 6 bedrooms and 5 baths, recent updates, and dedicated off street parking, 117 Spears Avenue presents a compelling opportunity for buyers looking to add a turnkey property to an investment portfolio, explore an owner occupied investment, or take advantage of the flexibility that multiple residences provide. A distinctive Asheville property offering versatility, location, and plenty of potential for its next chapter.

Additional Information

Equipment
Electric Oven, Electric Range, Refrigerator
Foundation
Crawl Space
Laundry Location
Common Area
Heating
Baseboard, Ductless
Water
City
Sewer
Public Sewer
Exterior Construction
Wood
Parking
Driveway, On Street
Driveway
Gravel, Paved
Lot Description
Level
Elementary School
Asheville City
Middle School
Asheville
High School
Asheville
Zoning
RM8
Total Property HLA
3307

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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