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  • $525,000

    1 & 3 Freeport Ln, Asheville, NC 28806

    2beds
    1,572sqft
    : 
    Duplex
    Built in 2025
    -- sqft lot
    $519,300 Zestimate®
    $334/sqft
    $-- HOA

    What's special

    Modern fixturesTall ceilingsWood floorsBamboo floorsLuxury vinyl plank bathroomsOpen wood beams
    Incredible Investment Property Opportunity in West Asheville. And you can be part of helping Asheville's Affordable Housing Crisis... A Pair of Two Brand New Single Family Residences on One Lot. Never Lived in. Each Home is a 2 BR/ 1.5BA and around 768sf. Great Opportunity which could rent as market rate houses or to Housing Choice Voucher Holders. According to HUD 2025 standards, a 2BR Home Rented to a family using a Housing Choice Voucher could rent for $1347 per month. That would mean annual rental income of $32,328. After factoring in Taxes/ Insurance, that's a cap rate of around 6%. Affordable West Asheville Brand New Construction Pair of Homes close to Carrier Park, Haywood Road, River Arts District and Downtown. Modern and Adorable 2BR / 1.5BA. Bamboo floors throughout main levels, Tall Ceilings in bedrooms, and Open Wood Beams in Living Room. Great blend of modern fixtures with warm feelings throughout- Wood floors, Luxury Vinyl Plank bathrooms, Tall ceilings in bedrooms. Come take a look! Part of a new pocket neighborhood built by Compact Cottages. One Year New Home Construction Warranty and Longer warranties on many home components.
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