Asheville, NC 28806,1 & 3 Freeport LN
Asheville, NC 28806,1 & 3 Freeport LN
Asheville, NC 28806,1 & 3 Freeport LN
Asheville, NC 28806,1 & 3 Freeport LN
Asheville, NC 28806,1 & 3 Freeport LN
Asheville, NC 28806,1 & 3 Freeport LN
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$ 525,000
Est. payment | /mo

4 Beds

3 Baths

1,572 SqFt


Save
$ 525,000
Est. payment | /mo
Save

4 Beds

3 Baths

1,572 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,572 sqft

Price per Sqft $333

MLS Listing ID 4318398

Style Cottage,Modern

Bedrooms 4

Full Baths 2

Half Baths 2

Construction Status Completed

Abv Grd Liv Area 1,572

Year Built 2025

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 50x170

Property Sub-Type Duplex

Property Description

Incredible Investment Property Opportunity in West Asheville. And you can be part of helping Asheville's Affordable Housing Crisis...
A Pair of Two Brand New Single Family Residences on One Lot. Never Lived in. Each Home is a 2 BR/ 1.5BA and around 768sf.
Great Opportunity which could rent as market rate houses or to Housing Choice Voucher Holders.
According to HUD 2025 standards, a 2BR Home Rented to a family using a Housing Choice Voucher could rent for $1347 per month. That would mean annual rental income of $32,328. After factoring in Taxes/ Insurance, that's a cap rate of around 6%.

Affordable West Asheville Brand New Construction Pair of Homes close to Carrier Park, Haywood Road, River Arts District and Downtown. Modern and Adorable 2BR / 1.5BA. Bamboo floors throughout main levels, Tall Ceilings in bedrooms, and Open Wood Beams in Living Room. Great blend of modern fixtures with warm feelings throughout- Wood floors, Luxury Vinyl Plank bathrooms, Tall ceilings in bedrooms. Come take a look! Part of a new pocket neighborhood built by Compact Cottages. One Year New Home Construction Warranty and Longer warranties on many home components.

Location

State NC

County Buncombe

Zoning RM16

Interior

Interior Features Open Floorplan, Pantry

Heating Ductless

Cooling Ceiling Fan(s), Ductless

Flooring Bamboo, Vinyl, Wood

Fireplace false

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator

Laundry Electric Dryer Hookup, Upper Level

Exterior

Roof Type Metal

Street Surface Gravel,Concrete

Porch Awning(s)

Garage false

Building

Lot Description Paved

Dwelling Type Site Built

Foundation Crawl Space

Builder Name Compact Cottages

Sewer Public Sewer

Water City

Architectural Style Cottage, Modern

Structure Type Hardboard Siding,Wood

New Construction true

Construction Status Completed

Schools

Elementary Schools Asheville City

Middle Schools Asheville

High Schools Asheville

Others

Pets Allowed Call

Senior Community false

Restrictions No Restrictions

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition None

Listed by Barry Bialik • Dirt & Sticks, Inc. • barry@dirtandsticks.com

GET MORE INFORMATION

Jenn And Brad Davis
Jenn And Brad Davis

Broker / Team Lead | License ID: 299578

+1(704) 577-6052

Indian Trail, North Carolina, 28079, USA

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1 & 3 Freeport LN