Asheville, NC 28803 ๐Ÿกโœจ 115k spread! Big ticket items done!

Buncombe County, Asheville, NC, 28803
Sold
Listed at: August 9th, 2024
Price
$250,000
Sq. Footage
1549
Type
Single-Family
Parking
Attached Garage
Year build
1971
Lot size
0.25 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

Bedrooms: 3 | Bathrooms: 1 | Square Feet: 1,549 | Year Built: 1971

After Repair Value (ARV): $440,000  

Comparable Properties:
622 Reed St, Asheville, NC 28803 - SOLD @ $440,000 - 03/06/2024
724 Center St, Asheville, NC 28803 - SOLD @ $425,000 - 02/15/2024

Investment Opportunity with Major Updates!

This 3-bedroom, 1-bathroom home in Asheville offers a promising investment with significant updates already completed. Located in a desirable area, this property is currently tenant-occupied by a relative of the seller, who will need 30 days post-closing to vacate.

Key Features:

  • Roof: Half of the roof was redone about 7 years ago, while the other half remains original from the time of purchase.
  • Foundation: No foundational issues have been reported, providing stability and peace of mind.
  • HVAC System: The furnace's lower motor unit was replaced 5 years ago, and the outside unit was replaced 6 years ago, ensuring reliable heating and cooling.
  • Interior Updates Needed: The property requires mainly interior updates, offering a great opportunity for customization and value addition.
  • Tenant Occupancy: The tenant, a relative of the seller, is paying $834 in rent for September and has been informed to vacate. They will move out within 30 days post-closing, allowing for a smooth transition to the new owner.

    Please note all offers are cash or hard money only (no mortgages, cash offers only)
    Please note all offers are with zero contingencies (no inspection period)
    Please inspect the property prior to submitting your cash offer.
    Low ball offers will be automatically rejected.
    Most of our properties sell at or above asking price.

    TO MAKE AN OFFER ON A PROPERTY RIGHT NOW CALL, TEXT OR EMAIL.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jared Martinez

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