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688 Upper Grassy Branch Extension

Asheville, NC 28805
  • $625,000
  • STATUS: Active
  • ON SITE: 392 Days
  • ID#: 3780014
UPDATED: 35 min ago
$625,000
  • 8
    BEDS
  • 1.4
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,524
    SQFT
  • $177
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Keller Williams Professionals: 828-254-7253. Copyright 2022 Canopy MLS. All rights reserved.

Description

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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2022-10-01T06:34:07.757 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Ann Rudd Group | JPAR Carolina Living nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.

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688 Upper Grassy Branch Extension Asheville, NC 28805

  • Price: $625,000
  • Status: Active
  • On Site: 392 Days
  • Updated: 35 min ago
  • ID#: 3780014
8
Beds
6
Baths
0
½ Baths
1.4
Acres
3,524
SQFT
$177
$/SQFT
1962
Built
Neighborhood:
None
County:
Buncombe
Area:
Asheville
Elementary School:
Bell
Middle School:
Ac Reynolds
High School:
Ac Reynolds
Property Description
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.
Exterior Features

Construction Materials Metal SidingVinyl Siding Construction Type ManufacturedSite Built Exterior Features Outbuilding(S)Wired Internet Available Foundation Details Crawl Space Garage Square Footage 368 Lot Features LevelPaved Main Level Garage YN Yes Parking Features Attached GarageCarport - 2 CarGarage - 1 Car Porch Back Road Responsibility Public Maintained Road Road Surface Type GravelShared Structure Type Other

Interior Features

Additional Square Footage 216 Appliances DryerElectric RangeOvenRefrigeratorWasher Below Grade Finished Area 0 Building Area Total 3524 Fireplace YN No Flooring CarpetLinoleum Heating Heat PumpHeat PumpPropaneWall Unit(S) Laundry Features Main Level Sq Ft Unheated Basement 0 Water Heater Electric

Property Features

Assumable YN No CCRSubject To Undiscovered Hoa Subject To None Listing Terms CashConventional New Construction YN No Number Of Completed Units Total 5 Number Of Units Total 5 Pets Allowed No Property Sub Type Multi-Family Sewer Public Sewer Special Listing Conditions Estate Tenant Pays All Utilities Water Source Public Zoning Description R-1



MLS Grid logo Based on information submitted to the MLS GRID as of 2022-10-01T06:34:07.757 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Ann Rudd Group | JPAR Carolina Living nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.

Digital Millennium Copyright Act
 
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Ann Rudd Group | JPAR Carolina Living
10700 Sikes Place, Suite 200
Charlotte NC, 28277
Canopy MLS logo Offered by Keller Williams Professionals: 828-254-7253. Copyright 2022 Canopy MLS. All rights reserved.