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    42 Furman Avenue

    Asheville, NC 28801
    • $2,600,000
    • STATUS: Active
    • ON SITE: 104 days
    • ID#: 3653130
    UPDATED: 57 min ago
    $2,600,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,395
      SQFT
    • $310
      $/SQFT
    Type:
    Commercial
    Built:
    1928
    County:
    Area:

    School Ratings & Info

    Offered by Keller Williams Professionals. Copyright 2020 Canopy MLS. All rights reserved.

    Description

    One-of-a-kind 27-unit apartment building close to downtown and all north Asheville amenities. 96% leased with majority long-term tenants, property is currently managed as weekly rentals. This building has been very well-maintained and managed over period of ownership. A unit mix of 1 bedrooms, efficiency apartments, rooms with private baths and rooms with shared baths. Majority of units are fully furnished gross leases. Property features oak hardwood floors in many units, off-street parking, keyed entrance, laundry facility, and organic community garden/courtyard area. Property has many period features and a lot of personality. No pet or smoking apartment building. This is a strong value-add opportunity with proven rental increases on which to capitalize. Located off the Charlotte St. exit on I- 240, (exit 5B) and less than 1 mile to the Grove Park Inn. No drive-bys. Please do not disturb property manager or tenants. Contact listing agent for all showings and more information.

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    Based on information submitted to the MLS GRID as of 2020-12-01T11:59:39.217 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 Keller Williams Professionals 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. © 2020 Canopy MLS.

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    www.homefinderasheville.com/homes/109121658
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    42 Furman Avenue Asheville, NC 28801

    • Price: $2,600,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 3653130
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    8,395
    SQFT
    $310
    $/SQFT
    1928
    Built
    County:
    Buncombe
    Area:
    Asheville
    Property Description
    One-of-a-kind 27-unit apartment building close to downtown and all north Asheville amenities. 96% leased with majority long-term tenants, property is currently managed as weekly rentals. This building has been very well-maintained and managed over period of ownership. A unit mix of 1 bedrooms, efficiency apartments, rooms with private baths and rooms with shared baths. Majority of units are fully furnished gross leases. Property features oak hardwood floors in many units, off-street parking, keyed entrance, laundry facility, and organic community garden/courtyard area. Property has many period features and a lot of personality. No pet or smoking apartment building. This is a strong value-add opportunity with proven rental increases on which to capitalize. Located off the Charlotte St. exit on I- 240, (exit 5B) and less than 1 mile to the Grove Park Inn. No drive-bys. Please do not disturb property manager or tenants. Contact listing agent for all showings and more information.
    Exterior Features

    Road Frontage Type City StreetInterstate 1 Mi Or LessInterstate FrontagePaved Road Roof Flat

    Interior Features

    Accessibility Features 2 Or More Access Exits Building Area Total 8395 Cooling Window Unit(S) Flooring CarpetWood Foundation Details Basement Heating ElectricNatural Gas Utilities City SewerCity Water

    Property Features

    Inclusions BuildingFixturesLand New Construction YN No Property Sub Type Commercial Special Listing Conditions Subject To Lease Structure Type Other Tax Assessed Value 837000



    Based on information submitted to the MLS GRID as of 2020-12-01T11:59:39.217 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 Keller Williams Professionals 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. © 2020 Canopy MLS.

    Digital Millennium Copyright Act
     
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    Keller Williams Professionals
    86 Asheland Avenue
    Asheville NC, 28801
    Offered by Keller Williams Professionals. Copyright 2020 Canopy MLS. All rights reserved.