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.
Active
$879,000
11 Old Candler Town Rd, Candler, NC 28715
9beds
4,504sqft
Est.:
Quadruplex
Built in 1915
-- sqft lot
$-- Zestimate®
$195/sqft
$-- HOA
What's special
Mountain viewsFlat usable landOrganic gardensCompost bins
- 123 days
- on Zillow |
- 403 |
- 18 |
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