Excellent Investment Opportunity! This property includes 3 separate parcels with plenty of potential:
Lot 1: 0.836 acres featuring the main house, which needs significant renovation. It has its own septic system and shares a well with Lot 2. There's attic space that has been partially finished into a bedroom, which is not counted.
Lot 2: 0.512 acres with a barn and a mobile home. The mobile home shares the well but has its own septic system. The mobile may need to be removed or purchased separately. The current lien holder holds the title. It's currently tenant-occupied, and the tenant is interested in continuing to rent.
Lot 3: 9.14 acres with multiple potential building sites "” perfect for future development!
This is a unique opportunity to create value through rehab, rental income, or new construction.
The tenant in the house is willing to stay and rent the house.
Property Type(s):
Single Family
|
Tract
|
None
|
Year Built
|
1905
|
|
Community
|
None
|
County
|
Buncombe
|
SCHOOLS
| Elementary School |
Fairview |
| Jr. High School |
Cane Creek |
| High School |
AC Reynolds |
Additional Details
| AIR |
None |
| APPLIANCES |
Electric Range |
| BASEMENT |
Crawl Space |
| CONSTRUCTION |
Stone |
| HEAT |
Oil |
| LOT |
10.42 acre(s) |
| LOT DESCRIPTION |
Level |
| MLS STATUS |
Active |
| PARKING |
Driveway |
| SEWER |
Septic Tank |
| STORIES |
1.5 |
| STYLE |
Cottage |
| SUBDIVISION |
None |
| WATER |
Shared Well |
Location
Listed with Cool Mountain Realty
Date last updated: 3/31/25 8:00 PM PDT
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This IDX solution is (c) Diverse Solutions 2025.
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