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$575,000
5 Beds ⋅ 3 Baths ⋅ 4423785 MLS ⋅ 2,304 SqFt. ⋅ ACTIVE Status
*** PRICE IMPROVEMENT ***Centrally located in the heart of Asheville, this 5BD/3BA versatile and spacious home combines exceptional convenience with impressive income potential. Minutes from Downtown Asheville, Mission Hospital, A-B Tech, the River Arts District, iconic local breweries, and historic Biltmore Village, the location couldn't be more ideal. Inside, the home features a light-filled layout complemented by a renovated lower level—perfect for a mother-in-law suite, a private multi-bedroom rental, or mid-term housing. The seller has successfully utilized portions of the home to house traveling medical professionals, providing a steady stream of additional revenue. Unwind on the oversized front porch while taking in year-round views of Downtown Asheville and the surrounding Blue Ridge Mountains. Out back, an expansive backyard offers endless possibilities for gardening, outdoor entertaining, or potential future development. Whether you're seeking a primary residence with passive income, a multi-generational living setup, or an investment property, this Asheville gem delivers on every level. Situated just minutes from Downtown Asheville, this strategically located property is far more than a charming residence—it is a rare chance to capitalize on flexible RS-8 zoning and Asheville’s expanding residential density initiatives. Under current regulations, RS-8 zoning allows 2 units for the initial 4,000 sq. ft. of parcel area, plus 1 additional unit for every extra 1,000 sq. ft. A parcel of 5,000+ sq. ft. can accommodate up to 3 units, opening doors for duplexes, multi-family infill, or expanded Accessory Dwelling Units (ADUs). (Buyer/Buyer's Agent to verify subdivision potential and allowable build parameters with City of Asheville Planning) This home is being sold strictly As-Is and requires unfinished repairs and updates. Schedule your showing today and explore the possibilities!"

55 Congress Street, Asheville

Listing courtesy of Kilgore & Associates RealEstat. sankilgore@gmail.com
$370,000
3 Beds ⋅ 1 Baths ⋅ 4371645 MLS ⋅ 896 SqFt. ⋅ ACTIVE Status
DEVELOPER & INVESTOR ALERT: Premium 0.43-Acre Urban Infill Site! Positioned in a high-demand downtown Asheville corridor just 0.5 miles from Mission Hospital, this prime cleared parcel is a blank canvas under flexible RS8 Medium-Density Residential zoning. construct an immediate Accessory Dwelling Unit (ADU) or add a Duplex unit. The existing 3-bedroom, 1-bathroom ranch cottage stands ready as an instant cash-flow rental asset. Micro-lots nearby as small as 0.08 acres are commanding major premiums—don't miss the chance to capture over four times that land density in a premier medical-overlay location. Sold AS-IS with an enticing $10,000 choice incentive active for immediate positioning.

1 Camby Street, Asheville

Listing courtesy of Fathom Realty NC LLC. mgragg@fathomrealty.com

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