5 Owenby Rd, Candler, NC 28715

Just inside the Asheville City Limits! Investor alert. Over an acre (1.16) corner lot. Possible to sub-divide and have 4 or more individual lots with municipal water and sewer on site. Less than ¼ mile from Smokey Park Hwy. ~5 miles from West Asheville and ~7 miles from the River Arts District. Candler is now being called West West Asheville! Zoned R6 which permits multi-family housing. Minimum buildable lot size is 6000 sqft with 60 ft width so this property has the potential to be split into multiple buildable lots. Old house in poor condition that was made into a duplex but only the upper level has been occupied for a long time. ASHEVILLE MUNICIPAL WATER AND SEWER!! No worries about wells or septic systems limiting your possibilities! Creek runs toward the back of the property. Buildable along the road at the high side of the property with a beautiful flat back yard next to the creek. ~250 ft frontage on Owenby Road (quiet, dead end) and ~70 ft frontage on Lower Edgewood Road. Growing area with several large housing subdivisions planned in the area. Would take a substantial investment to bring the house back or just replace it with several multiple family housing units. Take advantage of the housing shortage. The housing market is very hot and properties are going under contract a few short days after listing. Don’t miss out! Feel free to drive by but DON"T DISTURB THE TENANTS! $225,000 Or Best Offer for quick sell. Some owner financing may be available with large down payment.