200 Courtland Place, Asheville, NC 28801

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Listing courtesy of Howard Hanna Beverly-Hanks Freestone Properties. mike.blumenfeld@allentate.com

List Price
$865,000
MLS#
4427261
Status
ACTIVE
Days on Market
9
Property Type
Residential Income
Distressed Property
Yes
Year Built
1942
Bedrooms
5
Full Baths
3
Lot Size
10,018
Lot Size Area
0.23
County
Buncombe
Subdivision
Montford
Special Conditions
Subject to Lease

Property Description

Calling all investor buyers, house hackers, and multi-unit property seekers! Outstanding opportunity to own a versatile multi-unit property backing to peaceful green space, just outside Asheville’s historic Montford district and close to downtown. Enjoy excellent walkability to local favorites including All Day Darling, Tall John’s, the Montford Park Players, and downtown Asheville amenities. The property features two distinct homes with a strong rental history. 200 Courtland is a 2-bedroom home with a versatile finished basement apartment with kitchenette. The main level features two bedrooms, with an access door from one of the bedrooms leading to a finished attic that is not included in the listed square footage. The attic also provides additional unfinished storage space. The basement apartment has interior access from the main home, allowing it to function seamlessly as part of the larger residence, as well as a private exterior entrance from the stone patio for separate rental use. The property has previously operated successfully as an Airbnb. 200 Courtland features a gas furnace and central air conditioning, and is currently being repainted with completion expected by 10/1. 198 Courtland is a stand-alone 2-bedroom Four Square-style residence with lovely, reliable long-term tenants currently on a month-to-month lease. The home features newer windows throughout, decorative fireplace mantels, electric baseboard heat, and oil heat. Beneath the home is a full-footprint, dirt-floor garage offering substantial storage and utility space. With its convenient location near historic Montford, downtown Asheville, and neighborhood dining, this property offers exceptional flexibility for an owner-occupant looking to offset mortgage costs, an investor seeking to expand their portfolio, or those looking for a multi-generational living arrangement. The two-home configuration provides the opportunity for family members to live independently while remaining close, or for one residence to generate rental income while occupying the other. Updated photos coming soon!

Additional Information

Fireplace Features
Non-Functional
Interior Features
Attic Finished, Attic Other, Attic Stairs Fixed, Attic Walk In, Breakfast Bar, Storage
Floor Coverings
Vinyl, Wood
Equipment
Dishwasher, Dryer, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer/Dryer
Foundation
Basement, Slab, Other - See Remarks
Laundry Location
In Basement, In Kitchen, In Unit, Main Level
Heating
Baseboard, Electric, Forced Air, Kerosene, Natural Gas
Water
City
Sewer
Public Sewer
Exterior Construction
Asbestos, Wood
Roof
Architectural Shingle
Parking
Driveway, Attached Garage, Garage Shop, Other - See Remarks
Driveway
Concrete, Dirt, Gravel, Paved
Lot Description
Cul-De-Sac
Construction Type
Site Built
Elementary School
Isaac Dickson
Middle School
Asheville
High School
Asheville
Zoning
RS8

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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