67 Oak Hill Drive , #1

    Asheville, NC 28806
    • $185,000
    • STATUS: Active
    • ON SITE: 134 days
    • ID#: 3462461
    UPDATED: 70 min ago
    $185,000
    • 0
      BEDS
    • 2.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Offered by Keller Williams Elite Realty. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.

    Description

    This land is in an ideal location for builders and investors interested in Asheville's affordable housing, eco-village and community living projects for rent or sale. Zoned for multi-family, one could build 4-5 triplexes or fourplexes on septic. City water (6" line) and underground utilities are available along the frontage. There are also sewer lines nearby. MSD estimates for sewer connectivity are attached, and a feasibility study is available. The combined costs of sewer upgrades and land total $12,000 per unit (based on the minimum allowed zoning of 32 units). The City and MSD are very supportive of affordable housing projects-and this property meets all mandates. Recap, you have two options: Build one multi-plex at a time on a shared septic with lower start-up costs and excellent returns, or upgrade the sewer lines for higher density with higher costs up front.

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    The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. 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. © 2019 Carolina Multiple Listing Services, Inc. Data last updated 2019-05-19T13:59:09.833.

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    www.homefinderasheville.com/homes/90612832

    67 Oak Hill Drive , #1 Asheville, NC 28806

    • Price: $185,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 3462461
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.1
    Acres
    Neighborhood:
    Asheville
    County:
    Buncombe
    Area:
    Asheville
    Property Description
    This land is in an ideal location for builders and investors interested in Asheville's affordable housing, eco-village and community living projects for rent or sale. Zoned for multi-family, one could build 4-5 triplexes or fourplexes on septic. City water (6" line) and underground utilities are available along the frontage. There are also sewer lines nearby. MSD estimates for sewer connectivity are attached, and a feasibility study is available. The combined costs of sewer upgrades and land total $12,000 per unit (based on the minimum allowed zoning of 32 units). The City and MSD are very supportive of affordable housing projects-and this property meets all mandates. Recap, you have two options: Build one multi-plex at a time on a shared septic with lower start-up costs and excellent returns, or upgrade the sewer lines for higher density with higher costs up front.
    Interior Features

    Max Sq Ft Avail 0 Min Sq Ft Avail 0 Miscellaneous Fenced

    Property Features

    Agent Owner No Commercial Type Other Cross Street Hazel Mill Easements None Flood Plain No In City Yes New Construction No Restrictions Other - See Media/RemarksNone Restrictions Description City Zoning Sale Lease Includes Land Secondary Type None Special Conditions None Utilities CableCity SewerElectricityTelephoneUnderground Zoning Rm-16



    The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. 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. © 2019 Carolina Multiple Listing Services, Inc. Data last updated 2019-05-19T13:59:09.833.

    Digital Millennium Copyright Act
     
    Keller Williams Professionals
    86 Asheland Avenue
    Asheville NC, 28801
    Offered by Keller Williams Elite Realty. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.