Property Details - 688 Upper Grassy Branch Extension, Asheville 28805
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County Subdivision
Buncombe None
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MLS # Price BR BA Sqft Acres Year Built $/Finished Sqft
3780014 $625,000 8 6 3,524 1.40 1962 $177.00

Area Statistics (All listings < 5 mile)
# Avg Price Min Price Max Price Avg Sqft Avg Acres $/Finished Sqft
21 $351,071 $85,000 $750,000 1,882 0.57 $219.49

INVESTOR ALERT! Imagine earning money just by owning this property! With a total of 5 units on a beautiful 1.4-acre parcel, the potential rental income could possibly cover your mortgage and then some! The main house is 2br/2 ba with a 1 br/1 ba apartment on the back side. 2 houses (built 1998) have 2 br/1 ba each. A single-wide trailer has 1 br/1ba, and there is also vacant trailer space. Units are tenant-occupied. Tenant leases are month-to-month. Units are in various conditions. Some need repairs/updates. This opportunity comes with great potential to increase rental rates once improvements are complete. Each unit has washer/dryer and a storage shed. Main house has central HVAC; others are propane heat and window AC units. This is a great location off of Riceville Rd with city water and sewer. Sold As-Is.

Type Description
BasementCrawl Space
Buildings On PropertyOutbuilding(s), Wired Internet Available
Business TypeMulti-Family
DriveGravel, Shared
FoundationCrawl Space
Garage/carportAttached Garage, Carport - 2 Car, Garage - 1 Car
HeatingHeat Pump, Heat Pump, Propane, Wall Unit(s)
Lot DescriptionLevel, Paved
Owner ExpensesExterior Maintenance, Garbage Pick-up
SewerPublic Sewer
StreetExtension
WaterPublic
Listing provided by: Keller Williams Professionals     


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