BEDS4
BATHS4 full
SQUARE FEET2,244
MLS#4416437
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Investment opportunity just minutes from downtown Asheville! This established four-unit property features four approximately 500-square-foot, one-bedroom/one-bath apartments, including one fully remodeled and currently vacant unit ready for a new tenant or owner occupant. The remaining three units are currently rented, providing immediate income for the next owner.The building also offers shared interior stair access and a common basement/laundry area available to tenants. Conveniently located close to downtown, the River Arts District, shopping, dining, and Asheville amenities.This is an older Asheville property with character and a proven rental history?not new construction?and there remains opportunity for additional TLC and improvements over time. The combination of existing rental income, a freshly renovated vacant unit, and a close-in location makes 37 Water Street an appealing opportunity for an investor looking to add value while maintaining an income-producing property.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Dirt Floor
Heating: Baseboard
Lot Size: 0.10 Acres
Year Built: 1925
Feature Descriptions
Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
Days on Site: 5
Exterior: Wood
Flooring: Vinyl, Wood
Foundation: Basement
Laundry: In Basement
Lot Dimensions: 45 Ã? 100 feet
Parcel#: 9648-23-1399-00000
Parking: Parking Space(s)
Patio/Porch: Front Porch, Porch, Rear Porch
Pets Allowed: Yes
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Units: 4
Utilities: Cable Available, Natural Gas
Water: City
Local Schools
High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified
Listed By / Shown By
Listed By
Agency Name: Keller Williams Professionals
Agency Contact: peterlorenz@kw.com
Shown By
Agent Name: Devin Gracely
Agent Phone: Cell: (704) 914-5652
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
37 Water Street | MLS# 4416437
This multi-family property located at 37 Water Street , Asheville, NC 28801 is currently listed for sale with an asking price of call for price. Search Asheville real estate on deving.lakenormanrealty.com today.