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  • $2,100,000

    143-145 147 Powers Rd, Asheville, NC 28806

    17beds
    10,722sqft
    Triplex
    Built in 1988
    -- sqft lot
    $2,554,100 Zestimate®
    $196/sqft
    $1,734 Estimated rent

    What's special

    A discerning investor will be impressed by this opportunity to add almost 7 acres of gorgeous mountain property with 5 separate parcels and 3 large residences to their portfolio. So many advantages to this hands-off, low-maintenance investment. Ideal location, NNN lease, expansive French Broad River and Mountain Views, high-end single-family residences, future value add potential, 2 possible build sites on additional PINS. Find all of this in an incredible Asheville location just a short drive to the heart of downtown. Tax advantages; in an opportunity zone. A reputable long-term NNN tenant is in place with options through May 2033. Tenants express interest in discussing the option to renew with the new landlord. This sober living investment is safe and stable with the potential for future growth. Expand your horizons and land in the bosom of the blue ridge mountains for your next dream investment. Up the road from Silverline Park. Cap Rate: 6.39%. Inspection report available.

    Zillow last checked: 7 hours ago

    Listing updated: June 30, 2023 at 01:16pm

    Listing Provided by:

    Alexandra Schrank brokeralexandra@gmail.com,

    RE/MAX Executive

    Bought with:

    Heather Frank

    RE/MAX Executive

    Source: Canopy MLS as distributed by MLS GRID,MLS#: CAR4009004MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 11
    • Full bathrooms: 10
    • 1/2 bathrooms: 1
    Heating
    • Central, Ductless, Electric, Heat Pump
    Cooling
    • Ceiling Fan(s), Central Air, Ductless
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer, Other
    • Laundry: Lower Level, Main Level
    Features
    • Flooring: Laminate, Hardwood, Tile, Vinyl, Wood
    • Basement: Finished,Full,Interior Entry
    Interior area
    • Total structure area: 10,722
    • Total interior livable area: 10,722 sqft
    • Finished area below ground: 2,830

    Property

    Parking
    • Parking features: Driveway, Parking Lot, Parking Space(s), Garage on Main Level
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Has view: Yes
    • View description: Long Range, Mountain(s), Water, Winter, Year Round
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Other - See Remarks
    Lot
    • Size: 6.72 Acres
    Details
    • Additional parcels included: 973000979200000,973010361200000,973000564200000,973000871300000
    • Parcel number: 973000954800000
    • Zoning description: R-10
    • Special conditions: Estate
    • Other equipment: Network Ready

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Arts and Crafts
    • Property subtype: Triplex
    Materials
    • Brick Full, Cedar Shake, Hardboard Siding
    • Foundation: Crawl Space, Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Well
    • Utilities for property: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Connected

    Community & neighborhood

    Location
    • Region: Asheville

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete, Gravel, Paved
    Services availability