688 Upper Grassy Br Road

Asheville NC 28805

1.4 ac.

Multi-Family

Currently for sale - view listing

Overview

INVESTOR ALERT! Imagine earning money just by owning this property! With a total of 5 units on a beautiful 1.4-acre parcel, the potential rental income could possibly cover your mortgage and then some! The main house is 2br/2 ba with a 1 br/1 ba apartment on the back side. 2 houses (built 1998) have 2 br/1 ba each. A single-wide trailer has 1 br/1ba, and there is also vacant trailer space. Units are tenant-occupied. Tenant leases are month-to-month. Units are in various conditions. Some need repairs/updates. This opportunity comes with great potential to increase rental rates once improvements are complete. Each unit has washer/dryer and a storage shed. Main house has central HVAC; others are propane heat and window AC units. This is a great location off of Riceville Rd with city water and sewer. Sold As-Is.