8 Units - 615 Biltmore Avenue, Asheville, NC 28803
- $1,850,000
- 1
- BD
- 1
- BA
- 625
- SqFt
Listing courtesy of Howard Hanna Beverly-Hanks Asheville-Downtown. emily.butcher@allentate.com
- List Price
- $1,850,000
- MLS#
- 4366733
- Status
- ACTIVE
- Days on Market
- 113
- Property Type
- Residential
- Architectural Style
- Arts and Crafts, Old World, Traditional
- Year Built
- 1949
- Bedrooms
- 1
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 625
- Sq Ft Total
- 625
- County
- Buncombe
- Subdivision
- Beverly Condos
- Special Conditions
- None
Property Description
Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, and just minutes to downtown Asheville and Biltmore Village. The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Each unit offers a low-maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. A compelling opportunity to acquire scale in a proven Asheville location with enduring rental appeal. Rental history available upon request. If there is serious interest in purchasing a smaller subset of units, please contact the listing agent for additional details and potential options.
Additional Information
- Hoa Fee
- $2,690
- Hoa Fee Paid
- Annually
- Community Features
- Sidewalks, Street Lights
- Floor Coverings
- Wood
- Equipment
- Electric Oven, Electric Range, Exhaust Hood, Refrigerator
- Foundation
- Crawl Space
- Main Level Rooms
- Living Room, Bedroom(s), Bathroom-Full
- Laundry Location
- None
- Heating
- Forced Air
- Water
- City
- Sewer
- Public Sewer
- Exterior Features
- Lawn Maintenance
- Exterior Construction
- Brick Full
- Roof
- Built-Up
- Parking
- On Street, Parking Lot
- Driveway
- Asphalt, Paved
- Lot Description
- Cleared
- Construction Type
- Site Built
- Elementary School
- Asheville City
- Middle School
- Asheville
- High School
- Asheville
- Zoning
- RM16
- Total Property HLA
- 625
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