BEDS0
BATHS
SQUARE FEET12,372
MLS#4345037
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
This 10-unit multifamily asset in South Asheville features five townhome-style duplexes, each on a separate tax parcel?creating rare flexibility for condo conversion, individual resale or short-term rentals providing multiple monetization paths. The property is 100% occupied with a strong unit mix of two 3BR/2BA and eight 2BR/1.5BA units, currently achieving rents 20?25% below market. Low operating expenses, strong in-place cash flow, and future sewer connectivity offering development potential position this as a compelling value-add investment in a high-growth submarket. See attached brochure.
Property Features
Property Type: Multi Unit - Multiple
Basement: Other
Basement: Yes
Heating: Central, Forced Air, Heat Pump, Natural Gas
Lot Size: 2.85 Acres
Roof Type: Composition
Year Built: 1998
Feature Descriptions
Appliances: Electric Oven, Electric Water Heater, Gas Range, Oven, Refrigerator
Days on Site: 67
Exterior: Vinyl
Fireplace: Gas
Foundation: None
Laundry: In Unit
Parcel#: 96335555790000
Parking: Parking Lot
Patio/Porch: Deck
Pets Allowed: Yes
Sewer: Septic Installed
Units: 10
Water: Well
Local Schools
High School: T.C. Roberson
Middle School: Valley Springs
Elementary School: Avery's Creek/Koontz
Listed By / Shown By
Listed By
Agency Name: G/M Property Group
Agency Contact: jmenk@gmproperty.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
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
2147 Brevard Road | MLS# 4345037
This multi-family property located at 2147 Brevard Road, Arden, NC 28704 is currently listed for sale with an asking price of call for price. Search Arden real estate on www.lakenormanrealty.com today.