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Est. Mortgage: $/month

Federal 30-year interest rate: 6.58% last updated on 2022-11-23

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138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801138 Biltmore Avenue Asheville NC 28801
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  • 16Bedrooms
  • 10584Square Feet
  • 0.34Acreage
  • 1919Year Built
Two of downtown's architectural jewels built circa 1920. Incorporating ashlar granite with wide, low eaves, these buildings hug the hillside and the edge of Biltmore Avenue like European mountain villas. Both buildings were designed for apartment use, with 8 individual meters for gas, electric and water. 2-story plus basement. Four 2-bedroom / 1 bath per building for a total of 8 units. Located in the downtown hotel overlay. Existing leases are well below market and all but 1 are month to month. Opportunity for conversion to condos; hotel use; partial private residence. See brochure for details.
Listed by John Menkes and Jeremy Goldstein of G/M Property Group

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Basic Information

  • List Price$3,900,000
  • MLS NumberCAR3921957
  • MLS StatusActive Under Contract

Building

  • Bedrooms16
  • Foundation Details Basement Outside Entrance
  • Full Bath8
  • Living Area10,584
  • Square Feet10584
  • Year Built1919

Utilities

  • Heating Central, Gas Hot Air Furnace, Heat Pump
  • Sewer Public Sewer

Other

  • View Count3

Tax Information

  • Taxes$1,081,300

Parking

  • Parking SpacesDriveway, Other 0.00

Location

  • Building Number138
  • CountyBuncombe
  • Directions Biltmore Ave. S. Market St. Extension
  • Road Surface Type Gravel
  • StateNC
  • StreetBiltmore Avenue
  • Zip28801

Amenities

  • Appliances IncludedElectric Cooktop, Electric Oven, Electric Dryer Hookup
  • Laundry Features Laundry Room
  • Other AmenitiesBasement

School Information

  • Elementary SchoolUnspecified
  • High SchoolUnspecified
  • Junior HighUnspecified

Property

  • Acreage0.34
  • Units8
  • Water Source Public
  • Zoning Description CBD

Exterior

  • Architectural Style Other

Property Information

  • Construction Materials Stucco, Stone

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2022 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of November 27, 2022 10:50 AM EST . 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. Some IDX listings have been excluded from this website.

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