11 Old Candler Town RD Active Save Request In-Person Tour Request Virtual Tour
Candler,NC 28715
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,504 sqft
Price per Sqft $195
MLS Listing ID 4243958
Style Farmhouse,Traditional
Bedrooms 9
Full Baths 5
Year Built 1915
Lot Size 0.620 Acres
Property Sub-Type Fourplex
Property Description
Nestled on 0.62 acres of flat, usable land with mountain views, this property offers a fantastic investment opportunity with 4 units and 2 RV spots.Once a charming 2-story Craftsman farmhouse, it has been expertly converted into 4 apartments, all currently occupied by long-term residents who enjoy privacy and a strong sense of community. A proven income generator, the property brings in about $9000/month. Residents enjoy affordable housing as well as shared amenities including 2 washers, a dryer, clotheslines, organic gardens, compost bins, a fire pit, and a front porch and back patio for socializing. Conveniently located, it is just 15mins from downtown Asheville and has easy access to nearby hiking trails, parks, shops, restaurants, gyms, etc. Whether you're expanding your portfolio or seeking a piece of Asheville's charm, this property offers a proven 3-way model: It is a successful business, good investment, and you can make a contribution of offering affordable living.
Location
State NC
County Buncombe
Zoning OU
Interior
Heating Baseboard,Central,Forced Air,Heat Pump
Cooling Central Air,Heat Pump
Flooring Carpet,Tile,Vinyl,Wood
Laundry Common Area
Exterior
Community Features None
View Mountain(s)
Roof Type Shingle
Building
Lot Description Cleared,Green Area,Level
Dwelling Type Site Built
Foundation Permanent
Sewer Public Sewer
Water City
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Hominy Valley/Enka
Middle Schools Enka
High Schools Enka
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://tours.ashevillerealestatephotography.com/2315620