$575,000
$750,000
23.3%For more information regarding the value of a property, please contact us for a free consultation.
239 Cedar Hill RD Asheville, NC 28806
10,415 SqFt
Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,415 sqft
Price per Sqft $55
MLS Listing ID 3692433
Sold Date 08/13/21
Year Built 1964
Lot Size 1.500 Acres
Acres 1.5
Property Sub-Type Multi-Family
Property Description
Located in Buncombe County but minutes to West Asheville (no city taxes), this multi-family property situated on 1.5 acres offers promising investment potential in the affordable rental market. The property consists of two parcels with a brick home, two multi-unit buildings, duplex cottage and a manufactured home. Nine current units have a historically strong occupancy rate. Unrenovated 2,500 SF, two-level brick home has many possibilities. Several partially renovated apartments in other buildings have potential to generate more income. Private road (Swager Drive) off Cedar Hill Road affords easy access to units within the complex. Convenient location 15 minutes to downtown AVL and 10 minutes to WAVL. Several units offer mountain as well as downtown views. Open-use zoning! We welcome buyers to review detailed listing materials outlining property specifications. Drone video available at the following link: https://youtu.be/L6KvlS8nOb4. Also listed as COMMERCIAL under MLS 3691578.
Location
State NC
County Buncombe
Interior
Heating Baseboard, Gas Hot Air Furnace
Flooring See Remarks
Appliance Other
Laundry Other
Exterior
Exterior Feature Other
Community Features None
Street Surface Gravel,Shared
Accessibility Other
Building
Lot Description City View, Level, Mountain View, Paved, Views
Building Description Brick,Vinyl Siding,Wood Siding, Other
Foundation See Remarks
Sewer Septic Installed
Water Public
Structure Type Brick,Vinyl Siding,Wood Siding
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Conditional
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Subject to Lease
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Ashley Rogers • Keller Williams Professionals