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33 Starnes AvenueAsheville, NC 28801MLS Number 3387407

  • Price: $1,495,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.53% last updated on 2018-08-16

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 6351Square Feet
  • 1919Year Built
  • MontfordSubdivision
  • 11NumberOfUnitsTotal

Rare opportunity! 11 unit building in a sweet location of Montford, just 3 blocks to downtown and shopping. This building has stayed at 100% for more than 10 years, and has a great feel about it. Units are a mixture of studios, 1 & 2 bedrooms. HW floors, high ceilings, open porches, and great parking on and off Street. Gross income of over $120K a year and an NOI around $95K. New owner can instantly increase NOI, and there's potential to increase rents with little effort. This is an excellent investment, in an awesome location, with huge potential.

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Basic Information

  • StatusACT
  • ListingTypeExclusive Right
  • Property TypeMulti-Family
  • Property Sub TypeApartments
  • List Price$1,495,000
  • Broker NameKeller Williams Professionals
  • ListingBoardIDLand Of The Sky Association Of Realtors
  • MLS Number3387407

Photos

  • Number of Photos20
  • DatePhoto2018-05-03T16:35:43

Location

  • Building Number33
  • StreetStarnes
  • TownAsheville
  • StateNC
  • SubdivisionMontford
  • Zip28801
  • CountyBuncombe
  • CommunityFeaturesLaundry Room
  • DirectionsFrom Downtown Asheville, head East on Patton Ave. toward College St.; Turn left onto Haywood St.; Turn right onto Flint St.; Turn right onto Starnes Ave.; Property is on the left.
  • Elementary SchoolAsheville City
  • Junior HighAsheville
  • High SchoolAsheville

Building

  • Year Built1919
  • ConstructionTypeSite Built
  • NumberOfUnitsTotal11
  • Square Feet6351

Property

  • DriveGravel
  • Lot DescriptionLevel

Utilities

  • HeatingGas Hot Air, Gas Space Heater
  • WaterCity Water
  • SewerCity Sewer

Other

  • Modification Date05/03/2018
  • View Count15

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

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