24 Timothy Street, Asheville, NC 28801
- $279,900
- 2
- BD
- 1
- BA
- 973
- SqFt
- List Price
- $279,900
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 4412352
- Year Built
- 1928
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 973
- Lot Size
- 11,761
- Acres
- 0.27
- Neighborhood
- No Neighborhood
Property Description
Prime Development Potential in the Heart of Asheville, to help the housing shortage. Renovate, RENT OR 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. 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 The Value is there!! With great potential to Build More homes!! Maximum Density: Possibility of 1 Duplex per lot HVAC is 5 years old and is ready for the Heat, 220 Electrical Box. Buyers must verify with City planning on subdividing and what structures can be developed on each lot. Property IS Sold AS IS No Repairs by the Seller
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Additional Information
- Zoning
- RM8
- Appliances
- Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Washer/Dryer
- Heating
- Heat Pump
- Air Conditioning
- Ceiling Fan(s), Heat Pump
- Exterior Construction
- Site Built
- Levels
- One
- Foundation
- Basement
- Parking
- Driveway, On Street
- Elementary School
- Isaac Dickson
- Middle School
- Asheville
- High School
- Asheville
Listing courtesy of Blueblaze Real Estate Group LLC. rhoke317@gmail.com
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