Courtesy of: Sandra Kilgore, Kilgore & Associates RealEstat, sankilgore@gmail.com
Courtesy of: Sandra Kilgore, Kilgore & Associates RealEstat, sankilgore@gmail.com
$625,000
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5 bed
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2,304 square feet
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3.00 Bath (3 Full)
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Lot: 0.35 Acres
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Single Family Residence
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$625,000
55 Congress Street 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!"
Courtesy of: Sandra Kilgore, Kilgore & Associates RealEstat, sankilgore@gmail.com
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