E Riverside Urban Renewal Area Homes with Cleared Lot Description

Welcome to the E Riverside Urban Renewal Area, a vibrant and evolving neighborhood nestled in the heart of Asheville, North Carolina. Known for its unique blend of historical charm and modern innovation, this area is rapidly becoming one of the most sought-after locations in Buncombe County.

The E Riverside Urban Renewal Area boasts a rich tapestry of community spirit and artistic flair. With its proximity to downtown Asheville, residents enjoy easy access to a host of amenities, including eclectic shops, farm-to-table restaurants, and a thriving arts scene. The neighborhood is also home to beautiful parks and scenic riverfronts, perfect for outdoor enthusiasts seeking a tranquil escape from the hustle and bustle of city life.

One of the standout features of this area is the availability of homes on cleared lots, providing a blank canvas for those looking to build their dream home or invest in a new project. With the potential for modern designs that harmonize with the surrounding natural beauty, these cleared lots present an exciting opportunity for buyers to create a personalized living space tailored to their lifestyle.

As the E Riverside Urban Renewal Area continues to grow and develop, it promises to be a dynamic community where neighbors become friends and new ideas flourish. Whether you are looking to plant roots, invest, or explore the possibilities of new construction, this neighborhood offers a unique opportunity to be part of Asheville’s remarkable transformation. Discover the charm and potential of E Riverside today!

Newest E Riverside Urban Renewal Area Homes with Cleared Lot Description

$370,000

3 Beds ⋅ 1 Baths ⋅ 4371645 MLS ⋅ ACTIVE Status

RE: Investment Opportunity – Multi-Strategy Residential Asset at 1 Camby St, Asheville, NC I am pleased to present an exceptional residential investment or forever home opportunity located at 1 Camby St, Asheville, NC 28801. Priced at $370,000 following a recent $10,000 price improvement, this property offers a rare combination of immediate cash-flow potential and significant development upside in a highly desirable, walkable urban corridor. Strategies to maximize return on investment: (1) Update the Cottage. cosmetic upgrades (paint, new floors, kitchen cabinets, and modern light fixtures). Use the large backyard to build an Accessory Dwelling Unit (ADU) above a garage. Rent the main house and the ADU, creating massive equity and cash flow. (2) Subdivide and Sell Subdivide the lot to sell as a separate building parcel. Sell the vacant lot. Renovate the existing home and flip. (3) Renovate and Sell Add a bathroom, open the kitchen, and install a modern deck facing the large private backyard. Clear the sloped portions of the lot and add a modern fire pit area to maximize the urban lot appeal. Sell the fully updated 2-bed, 2-bath home. (4) Move in and enjoy the large private yard and short distances to River Arts district, Downtown Asheville. The adjoining lot listed for sale MLS 4233414

1 Camby Street, Asheville

Listing courtesy of Fathom Realty NC LLC. mgragg@fathomrealty.com

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