4 New Walnut St, Asheville, NC 28804

Investors take note. Great location for a small residential development. .57 acre lot. Close to Downtown, UNCA, River Arts District and the planned Woodfin River park. Will be listing on MLS next week after the property is mowed and cleaned up. I had no problems finding good tenants because of the location. Currently has a single family home on the property. No water heater or heat source. House has low ceilings. New roof 5 years ago. Good windows and very well insulated. Prime location for rentals-The duplex development is an idea. There is room to keep the existing house and add another house or two to the property. A lot of the initial leg work is done for developing this property: Site plan, initial build concept. Over a half acre lot that is zoned residential and commercial shopping. Woodfin would like to see high density residential. Approved for 8-12 units by Buncombe Co MSD and Woodfin Water. Woodfin Zoning board approved an 8 unit duplex development (non-transferable) Owner/Broker