580 Fairview Road
Asheville, NC 28803
2186 sqft | 5 beds | 3 baths | #4235228
Description
This is a money making duplex ! Located in a highly visible & convenient location on Fairview Rd, just a minute drive to I-240 & I-40. Close to shopping, Mall, Hospitals & Biltmore Village. Makes it easy to rent and always stays occupied, a no-brainer of an investment ! A well maintained building w/ ample parking & many major updates - new HVACs, plumbing, hot water tanks, metal roof, deck & two storage sheds, making this a turn-key investment ! You can rent out both units as rooms or each unit as a whole. Be creative with the larger lot at .24 acres. Zoned NB w/ a possibility of converting to commercial on main level & residential on top; or live in one side and rent out the other. The possibilities of making money are many ! W/ gross income of $56,040/yr & low carrying cost (taxes of $3234/y & insurance of $813/y) making this a great ROI over 10% ! Owner pays the lawn & water, tenants pay for other utilities. Purchase this cash cow and add this profitable asset to your portfolio
Property Details
- AppliancesRefrigerator, Washer/Dryer
- Parcel Number9657-39-3463-00000
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Parking FeaturesParking Lot
- FoundationCrawl Space
- CoolingHeat Pump
- Cooling FeaturesHeat Pump
- Middle SchoolAsheville
- High SchoolAsheville
- CountyBuncombe
- Original List Price$574,888
- MLS #4235228
- MLS #4235228
- Lot FeaturesSloped
- Lot DescriptionSloped
- Elementary SchoolOakley
- Cost574888
- Property SubtypeDuplex
- RoofMetal
- Square Feet2186
- Year Built1920
- Utility SourceCity
- ZoningNB
- Bedrooms5
- Bathrooms3
- Full Baths2
- Half Baths2
- Days on Market (Cumulative)3
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-04-02 09:03:10. 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.
Last Updated: . Source: CANOPY
Listing Courtesy
Listing Agent: Aaron Kraft (#CARA2520), Email: aaron@houseinorderpm.com
Listing Office: House In Order, LLC (#CARR04724)
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