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828-722-2828
Frisbee Real Estate, LLC
201 Birch Lane, Arden, NC 28704
- $789,000
- 9
- BD
- 4,036
- SqFt
Listing courtesy of Premier Sotheby’s International Realty. 828-777-6162
- List Price
- $789,000
- MLS#
- 4386730
- Status
- ACTIVE
- Days on Market
- 1
- Property Type
- Residential Income
- Architectural Style
- Traditional
- Distressed Property
- Yes
- Year Built
- 2005
- Bedrooms
- 9
- Full Baths
- 6
- Half Baths
- 3
- Lot Size
- 15,245
- Lot Size Area
- 0.35
- Living Area
- 4,036
- Sq Ft Total
- 4036
- County
- Buncombe
- Special Conditions
- Estate
- Dom
- Yes
- Waterfront Features
- None
Property Description
An exceptional investment opportunity in a convenient South Asheville location, just outside the Asheville city limits. This well-maintained triplex features three spacious townhomes, each offering three bedrooms, two-and-a-half bathrooms, a gas fireplace, private patio and attached one-car garage. With an established rental history and all three units currently tenant-occupied, the property provides immediate rental income and an attractive opportunity for investors seeking an established income-producing asset. Alternatively, an owner-occupant could enjoy the flexibility of living in one townhome while generating rental income from the other two units. Recent roof replacements, additional parking and consistent property maintenance further enhance its long-term investment appeal. An additional advantage is the property's Buncombe County NS (Neighborhood Service) zoning, which allows for a mix of residential, commercial, business and service uses. Permitted uses within this zoning district include multifamily residential, professional and business offices, retail establishments, restaurants and certain other neighborhood-oriented commercial services, offering flexibility for investors considering future uses or redevelopment opportunities, subject to applicable county requirements. The parcel provides the ability to add additional units. Conveniently located just minutes from Biltmore Village, Asheville Regional Airport, shopping, dining and major transportation corridors, the property offers a desirable combination of location, functionality and rental potential. Whether expanding an investment portfolio, exploring the possibilities of mixed-use zoning or seeking a primary residence with supplemental rental income, this versatile property presents an excellent opportunity in the Asheville market.
Additional Information
- Community Features
- None
- Fireplace
- Yes
- Fireplace Features
- Gas Log, Living Room
- Interior Features
- Breakfast Bar, Open Floorplan, Storage
- Floor Coverings
- Carpet, Linoleum, Vinyl
- Equipment
- Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
- Foundation
- Slab
- Laundry Location
- Mud Room, In Unit, Inside, Main Level
- Heating
- Heat Pump
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Vinyl
- Roof
- Architectural Shingle
- Parking
- Attached Garage, Garage Faces Front, Parking Lot, Parking Space(s)
- Driveway
- Concrete, Paved
- Lot Description
- Corner Lot, Infill Lot, Level
- Construction Type
- Site Built
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- Zoning
- NS
- Total Property HLA
- 4036
Mortgage Calculator
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