$1,095,000/mo

181 Merrimon Avenue, Asheville, NC 28801

  • 4 baths |
  • 3,212 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1907
  • Property Lot Size Icon0.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $341/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.

Listing Status:
Active
Listing Office:
Appalachian Realty Associates : 828-255-7530
MLS ID:
4197890
  • Appliances: DishwasherElectric RangeRefrigerator
  • Laundry: None
  • Basement: Apartment
  • A/C: None
  • Heating: Hot WaterNatural Gas

This listing courtesy of Appalachian Realty Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Claxton Elementary School

241 Merrimon Ave, Asheville, NC, 28801

Grades KG-5

0.17 miles away

A

Asheville Middle School

211 S French Broad Ave, Asheville, NC, 28801

Grades 6-8

1.36 miles away

A

Asheville High School

419 McDowell St, Asheville, NC, 28803

Grades 9-12

2.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.