24 Timothy Street, Asheville, NC 28801

$279,900
2
BD
1
BA
973
SqFt

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List Price
$279,900
MLS#
4412352
Status
COMING SOON
Property Type
Residential
Year Built
1928
Days on Market
0
Bedrooms
2
Bathrooms
1
Full Baths
1
Lot Size
11,761
Lot Size Area
0.27
Living Area
973
Sq Ft Total
973
County
Buncombe
Subdivision
No Neighborhood

Property Description

Prime Development Potential in the Heart of Asheville. Renovate and FLIP!! Renovate and Build your Family Compound. Current regulations allow 2 units for the first 4000 SF and 1 additional unit for each extra 1000 SF of lot area. So, each lot could be 5,000+ square feet = total of 3 units per lot. Just in time to celebrate the Significant WIN for Housing in the City of Asheville, that will allow duplexes in all residential zoning districts, Increase the size of ADU's. Unlock the immense value of this strategically located property, situated just minutes from downtown Asheville, his is more than just a home it is a rare opportunity to capitalize on flexible RM8 zoning that offers exceptional versatility for residential expansion or full-scale redevelopment. Why Investors Will Love This Opportunity or your Renovation Team. The Value is there!! With great potential to Build More homes!! Maximum Density: Thanks to its RM8 zoning district, this property allows for up to four units. HVAC is 5 years old and is ready for the Heat, 220 Electrical Box. Property IS Sold S IS No Repairs by the Seller

Additional Information

Fireplace
Yes
Equipment
Bar Fridge, Electric Range, Electric Water Heater
Foundation
Basement
Main Level Rooms
Primary Bedroom, Bedroom(s), Bathroom-Full, Kitchen, Dining Room, Living Room, Laundry
Laundry Location
Main Level
Heating
Heat Pump
Water
City
Sewer
Public Sewer
Exterior Construction
Wood
Parking
Driveway, On Street
Driveway
Asphalt, Paved
Lot Description
Cleared, Level
Elementary School
Isaac Dickson
Middle School
Asheville
High School
Asheville
Zoning
RM8
Special Conditions
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Blueblaze Real Estate Group LLC. rhoke317@gmail.com

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