37 Water Street Asheville, NC 28801

Other MLS #: 4417990 Courtesy Of Keller Williams Professionals

Property InformationDescription

Investment opportunity just minutes from downtown Asheville! This established four-unit property features four approximately 500-square-foot, one-bedroom/one-bath apartments, including one fully remodeled and currently vacant unit ready for a new tenant or owner occupant. The remaining three units are currently rented, providing immediate income for the next owner. The building also offers shared interior stair access and a common basement/laundry area available to tenants. Conveniently located close to downtown, the River Arts District, shopping, dining, and Asheville amenities. This is an older Asheville property with character and a proven rental history-not new construction-and there remains opportunity for additional TLC and improvements over time. The combination of existing rental income, a freshly renovated vacant unit, and a close-in location makes 37 Water Street an appealing opportunity for an investor looking to add value while maintaining an income-producing property.

Features

  • Age: Over 50 Years Old
  • Amenities: Cable Ready
  • Amenities: Porch
  • Amenities: Basement
  • Appliance: Gas Oven
  • Appliance: Gas Water Heater
  • Appliance: Gas Range
  • Appliance: Microwave
  • Appliance: Refrigerator
  • Building Units: 4
  • Cooling System: Window Unit(s)
  • Exterior Type: Wood
  • Floor Covering: Vinyl
  • Floor Covering: Wood
  • Floors: 2
  • Heating System: Baseboard
  • Legal Description: DEED DATE:03/30/2021 DEED:6043-0530 SUBDIV:PROP OF TEASLEY & GUDGER LOT:4 PLAT:0010-0034
  • MLSID: 4417990
  • Parking Spaces: 3
  • Rooms: Basement

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37 Water Street, Asheville, NC 28801
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