Courtesy of: Peter Lorenz, Keller Williams Professionals, peterlorenz@kw.com
Courtesy of: Peter Lorenz, Keller Williams Professionals, peterlorenz@kw.com
$570,000
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Lot: 0.10 Acres
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Other
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$570,000
37 Water Street Investment opportunity just minutes from downtown Asheville! This established four-unit property features four approximately 500-square-foot, one-bedroom/one-bath apartments, including one fully remodeled and currently vacant unit ready for a new tenant or owner occupant. The remaining three units are currently rented, providing immediate income for the next owner. The building also offers shared interior stair access and a common basement/laundry area available to tenants. Conveniently located close to downtown, the River Arts District, shopping, dining, and Asheville amenities. This is an older Asheville property with character and a proven rental history-not new construction-and there remains opportunity for additional TLC and improvements over time. The combination of existing rental income, a freshly renovated vacant unit, and a close-in location makes 37 Water Street an appealing opportunity for an investor looking to add value while maintaining an income-producing property.
Courtesy of: Peter Lorenz, Keller Williams Professionals, peterlorenz@kw.com
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