$874,900
For Sale

11 Old Candler Town Road

Candler, NC 28715
4504 sqft | 9 beds | 5 baths | #4243958
Browse 42 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Nestled on 0.62 acres of flat, usable land with mountain views, this property offers a fantastic investment opportunity with 4 units and 2 RV spots.Once a charming 2-story Craftsman farmhouse, it has been expertly converted into 4 apartments, all currently occupied by long-term residents who enjoy privacy and a strong sense of community. A proven income generator, the property brings in about $9000/month. Residents enjoy affordable housing as well as shared amenities including 2 washers, a dryer, clotheslines, organic gardens, compost bins, a fire pit, and a front porch and back patio for socializing. Conveniently located, it is just 15mins from downtown Asheville and has easy access to nearby hiking trails, parks, shops, restaurants, gyms, etc. Whether you're expanding your portfolio or seeking a piece of Asheville's charm, this property offers a proven 3-way model: It is a successful business, good investment, and you can make a contribution of offering affordable living.

  • Property Details
      • AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Refrigerator, Washer
      • Lot FeaturesCleared, Green Area, Level
      • Lot DescriptionCleared, Green Area, Level
      • CoolingCentral Air, Heat Pump
      • Cooling FeaturesCentral Air, Heat Pump
      • Elementary SchoolHominy Valley/Enka
      • Parcel Number9607-20-8787-00000
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • ViewMountain(s)
      • Basement DescriptionUnfinished
      • FoundationPermanent
      • Parking FeaturesDriveway
      • Parking TypeDriveway
      • CountyBuncombe
      • Original List Price$888,000
      • Property SubtypeFourplex
      • RoofShingle
      • MLS #4243958
      • MLS #4243958
      • Cost874900
      • Square Feet4504
      • Year Built1915
      • Utility SourceCity
      • Middle SchoolEnka
      • High SchoolEnka
      • Days on Market (Cumulative)145
      • ZoningOU
      • Bedrooms9
      • Bathrooms5
      • Full Baths5
      • Basement1
      • Basement Finished1

Location

Tina HudginsReal Estate Group
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