Share this with your friends
828-674-0900
Real Estate Company
201 Birch Lane, Arden, NC 28704
- $789,000
- 9
- BD
- 4,036
- SqFt
- List Price
- $789,000
- MLS#
- 4386730
- Status
- ACTIVE
- Property Type
- Residential Income
- Architectural Style
- Traditional
- Distressed Property
- Yes
- Year Built
- 2005
- Days on Market
- 2
- Bedrooms
- 9
- Full Baths
- 6
- Half Baths
- 3
- Lot Size
- 15,245
- Lot Size Area
- 0.35
- Living Area
- 4,036
- Sq Ft Total
- 4036
- County
- Buncombe
Property Description
An exceptional investment opportunity in a convenient South Asheville location, just outside the Asheville city limits. This well-maintained triplex features three spacious townhomes, each offering three bedrooms, two-and-a-half baths, a gas fireplace, private patio and attached one-car garage. With an established rental history and all three units tenant-occupied, the property provides immediate rental income and an attractive opportunity for investors seeking an established, potential income-producing asset. Alternatively, an owner-occupant could enjoy the flexibility of living in one townhome while generating potential rental income from the other two units. Recent roof replacements, additional parking and consistent property maintenance further enhance its long-term investment appeal. An additional advantage is the property's Buncombe County NS (Neighborhood Service) zoning, which allows for a mix of residential, commercial, business and service uses. Permitted uses within this zoning district include multifamily residential, professional and business offices, retail establishments, restaurants and certain other neighborhood-oriented commercial services, offering flexibility for investors considering future uses or redevelopment opportunities, subject to applicable county requirements. The parcel provides the ability to add additional units. Conveniently just minutes from Biltmore Village, Asheville Regional Airport, shopping, dining and major transportation corridors, the property offers a desirable combination of location, functionality and rental potential. Whether expanding an investment portfolio, exploring the possibilities of mixed-use zoning or seeking a primary residence with potential supplemental rental income, this versatile property presents an excellent opportunity in the Asheville market.
Additional Information
- Community Features
- None
- Fireplace
- Yes
- Interior Features
- Breakfast Bar, Open Floorplan, Storage
- Floor Coverings
- Carpet, Linoleum, Vinyl
- Equipment
- Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
- Foundation
- Slab
- Laundry Location
- Mud Room, In Unit, Inside, Main Level
- Heating
- Heat Pump
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Vinyl
- Roof
- Architectural Shingle
- Parking
- Attached Garage, Garage Faces Front, Parking Lot, Parking Space(s)
- Driveway
- Concrete, Paved
- Lot Description
- Corner Lot, Infill Lot, Level
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- Zoning
- NS
- Special Conditions
- Estate
Mortgage Calculator
Listing courtesy of Premier Sotheby’s International Realty. 828-777-6162
“The data relating to real estate on this website derive in part from the Internet Data Exchange 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 Real Estate Company 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. © 2026 Carolina Multiple Listing Services, Inc.”