295 E Chestnut Street, Asheville, NC 28801

$1,095,000
3,875
SqFt

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Listing courtesy of G/M Property Group. jmenk@gmproperty.com

List Price
$1,095,000
MLS#
4427544
Status
ACTIVE
Days on Market
1
Property Type
Residential Income
Year Built
1925
Lot Size
9,147
Lot Size Area
0.21
Living Area
3,875
Sq Ft Total
3875
County
Buncombe
Special Conditions
None
Waterfront Features
None

Property Description

Rare opportunity to acquire a fully occupied, extensively renovated 6-unit multifamily property in desirable North Asheville. Located on a quiet, tree-lined residential street, 295 E. Chestnut Street is approximately one mile from downtown Asheville and within easy walking distance of restaurants, retail and neighborhood amenities. Trader Joe’s, Harris Teeter and Whole Foods are all within approximately ½ mile. The property features four 1-bedroom and two studio apartments, ample on-site parking, individual electric meters and substantial kitchen and bathroom updates. Convenient access to Charlotte Street and I-240 further enhances the location. A compelling opportunity for investors seeking an established, income-producing Asheville multifamily asset.

Additional Information

Interior Features
Attic Finished
Equipment
Dishwasher, Electric Oven, Electric Range, Electric Water Heater
Foundation
Basement
Laundry Location
Inside, None
Heating
Baseboard, Electric
Water
City
Sewer
Public Sewer
Exterior Construction
Fiber Cement, Wood
Parking
Parking Lot
Driveway
Concrete, Gravel, Paved
Construction Type
Site Built
Elementary School
Asheville City
Middle School
Asheville
High School
Asheville
Zoning
RM16
Total Property HLA
3875

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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