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828-674-0900
Real Estate Company
200 Courtland Place, Asheville, NC 28801
- $865,000
- 5
- BD
- List Price
- $865,000
- MLS#
- 4427261
- Status
- ACTIVE
- Property Type
- Residential Income
- Distressed Property
- Yes
- Year Built
- 1942
- Days on Market
- 14
- Bedrooms
- 5
- Full Baths
- 3
- Lot Size
- 10,018
- Lot Size Area
- 0.23
- County
- Buncombe
- Subdivision
- Montford
Property Description
Calling all investor buyers, house hackers, and multi-unit property seekers! Outstanding opportunity to own a versatile multi-unit property backing to peaceful green space, just outside Asheville’s historic Montford district and close to downtown. Enjoy excellent walkability to local favorites including All Day Darling, Tall John’s, the Montford Park Players, and downtown Asheville amenities. The property features two distinct homes with a strong rental history. 200 Courtland is a 2-bedroom home with a versatile finished basement apartment with kitchenette. The main level features two bedrooms, with an access door from one of the bedrooms leading to a finished attic that is not included in the listed square footage. The attic also provides additional unfinished storage space. The basement apartment has interior access from the main home, allowing it to function seamlessly as part of the larger residence, as well as a private exterior entrance from the stone patio for separate rental use. The property has previously operated successfully as an Airbnb. 200 Courtland features a gas furnace and central air conditioning, and is currently being repainted with completion expected by 10/1. 198 Courtland is a stand-alone 2-bedroom Four Square-style residence with lovely, reliable long-term tenants currently on a month-to-month lease. The home features newer windows throughout, decorative fireplace mantels, electric baseboard heat, and oil heat. Beneath the home is a full-footprint, dirt-floor garage offering substantial storage and utility space. With its convenient location near historic Montford, downtown Asheville, and neighborhood dining, this property offers exceptional flexibility for an owner-occupant looking to offset mortgage costs, an investor seeking to expand their portfolio, or those looking for a multi-generational living arrangement. The two-home configuration provides the opportunity for family members to live independently while remaining close, or for one residence to generate rental income while occupying the other. Updated photos coming soon!
Additional Information
- Interior Features
- Attic Finished, Attic Other, Attic Stairs Fixed, Attic Walk In, Breakfast Bar, Storage
- Floor Coverings
- Vinyl, Wood
- Equipment
- Dishwasher, Dryer, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer/Dryer
- Foundation
- Basement, Slab, Other - See Remarks
- Laundry Location
- In Basement, In Kitchen, In Unit, Main Level
- Heating
- Baseboard, Electric, Forced Air, Kerosene, Natural Gas
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Asbestos, Wood
- Roof
- Architectural Shingle
- Parking
- Driveway, Attached Garage, Garage Shop, Other - See Remarks
- Driveway
- Concrete, Dirt, Gravel, Paved
- Lot Description
- Cul-De-Sac
- Elementary School
- Isaac Dickson
- Middle School
- Asheville
- High School
- Asheville
- Zoning
- RS8
- Special Conditions
- Subject to Lease
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Listing courtesy of Howard Hanna Beverly-Hanks Freestone Properties. mike.blumenfeld@allentate.com
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