Prime Development Potential in the Heart of Asheville, to help the housing shortage. Renovate, RENT OR FLIP!! Renovate and Build your Family Compound. Current regulations allow 2 units for the first 4000 SF and 1 additional unit for each extra 1000 SF of lot area. So, each lot could be 5,000+ square feet = total of 3 units. Just in time to celebrate the Significant WIN for Housing in the City of Asheville, that will allow duplexes in all residential zoning districts, Increase the size of ADU's.Unlock the immense value of this strategically located property, situated just minutes from downtown Asheville, his is more than just a home it is a rare opportunity to capitalize on flexible RM8 zoning that offers exceptional versatility for residential expansion or full-scale redevelopment.Why Investors Will Love This Opportunity The Value is there!! With great potential to Build More homes!!Maximum Density: Possibility of 1 Duplex per lot HVAC is 5 years old and is ready for the Heat, 220 Electrical Box. Buyers must verify with City planning on subdividing and what structures can be developed on each lot. Property IS Sold AS IS No Repairs by the Seller
Listed By
Agency Name: Blueblaze Real Estate Group LLC
Agency Contact: rhoke317@gmail.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimated Payment
$ 1,571.38 per month $1,489.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $81.64 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
24 Timothy Street | MLS# 4412352
This single family home located at 24 Timothy Street, Asheville, NC 28801 is currently listed for sale with an asking price of $279,900. This property was built in 1928 and has 2 bedrooms and 1 full baths with 973 sq. ft. Search Asheville real estate on www.lakenormanrealty.com today.