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116 & 118 Naples Road

Asheville, NC 28804
  • $1,295,000
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: 4015579
$1,295,000
  • 7
    BEDS
  • 3.9
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 3,475
    SQFT
  • $373
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1932
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Blueblaze Real Estate Group Llc: 828-273-3349. Copyright 2023 Canopy MLS. All rights reserved.

Description

Fantastic investor opportunity with tremendous cash-flow. Projected to bring in between $125k-$145k in revenue this year!!!! The parcel may have additional lots to develop. Feel like you're staying in the mountains while being only minutes to downtown Asheville! These two 1931 log cabins on 3.9 acres have been meticulously remodeled and designed to blend Asheville's rich history with an updated style, perfect to host group getaways. The property has two structures, a duplex unit and the lodge, just steps apart. The duplex features an upstairs and downstairs unit each with their own separate entrance. The upstairs unit of the duplex has a living room, kitchen, bathroom and laundry area with a king bedroom and a bedroom with two twin beds. The downstairs unit also has a living room, kitchen and bathroom with two queen bedrooms. Just steps across the parking area you will find the lodge, with three bedrooms, three bathrooms and enough common space for large groups.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2023-05-29T23:32:55.103 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither LePage Johnson Realty Group, LLC | eXp Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.

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116 & 118 Naples Road Asheville, NC 28804

  • Price: $1,295,000
  • Status: Active
  • On Site: 61 Days
  • ID#: 4015579
7
Beds
4
Baths
1
½ Baths
3.9
Acres
3,475
SQFT
$373
$/SQFT
1932
Built
Neighborhood:
Pine Burr Park
County:
Buncombe
Area:
Asheville
Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Unspecified
Property Description
Fantastic investor opportunity with tremendous cash-flow. Projected to bring in between $125k-$145k in revenue this year!!!! The parcel may have additional lots to develop. Feel like you're staying in the mountains while being only minutes to downtown Asheville! These two 1931 log cabins on 3.9 acres have been meticulously remodeled and designed to blend Asheville's rich history with an updated style, perfect to host group getaways. The property has two structures, a duplex unit and the lodge, just steps apart. The duplex features an upstairs and downstairs unit each with their own separate entrance. The upstairs unit of the duplex has a living room, kitchen, bathroom and laundry area with a king bedroom and a bedroom with two twin beds. The downstairs unit also has a living room, kitchen and bathroom with two queen bedrooms. Just steps across the parking area you will find the lodge, with three bedrooms, three bathrooms and enough common space for large groups.
Exterior Features

Architectural Style Cabin Carport YN No Construction Materials Log Construction Type Site Built Foundation Details Other - See Remarks Garage YN No Lot Features HillyPrivateSlopedWooded Main Level Garage YN No Parking Features Driveway Patio And Porch Features Porch Road Responsibility Publicly Maintained Road Road Surface Type Gravel Roof Fiberglass

Interior Features

Appliances DishwasherDryerElectric OvenElectric RangeOvenRefrigeratorWasher/Dryer Basement Other Basement YN No Below Grade Finished Area 0 Building Area Total 3475 Cooling Heat Pump Fireplace Features Family RoomWood Burning Stove Fireplace YN Yes Flooring TileVinylWood Heating Heat PumpPropane Laundry Features In Unit

Property Features

Assumable YN No CCRSubject To Undiscovered City Taxes Paid To Woodfin Elevation 1000 Hoa Subject To None New Construction YN No Pets Allowed Yes Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tenant Pays None Water Source City



MLS Grid logo Based on information submitted to the MLS GRID as of 2023-05-29T23:32:55.103 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither LePage Johnson Realty Group, LLC | eXp Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.

Digital Millennium Copyright Act
 
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Canopy MLS logo Offered by Blueblaze Real Estate Group Llc: 828-273-3349. Copyright 2023 Canopy MLS. All rights reserved.