$279,900
24 Timothy St, Asheville, NC 28801
2 bed · 1 bath · 973 sq ft
2
bedrooms
1
baths
973
sq.ft.
$288
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
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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About the Neighborhood
Homes for sale in 28801 place buyers at the heart of Asheville's most celebrated and architecturally significant urban core, encompassing Downtown Asheville, the River Arts District, and the historic Montford neighborhood, one of the most intact collections of Victorian and Arts and Crafts architecture in the American Southeast. The residential landscape in Montford features exquisite Queen Anne, Colonial Revival, and Craftsman homes on tree-shaded streets within walking distance of Asheville's legendary Lexington Avenue arts corridor, the Grove Arcade, and a nationally recognized independent restaurant scene. The River Arts District along the French Broad River has transformed former industrial studios into one of the Southeast's most vibrant working artist communities, with dozens of galleries and creative businesses anchoring the zip code's southwestern edge. Mission Health's main hospital campus and a dense concentration of creative economy employers make 28801 a genuine live-work destination. The 28801 real estate market commands some of the highest valuations in Western North Carolina, driven by irreplaceable architectural inventory, walkability, and Asheville's sustained status as one of America's most visited mountain cities.
Property Features
Property Description
- Beds Total: 2
- Bathrooms: 1 Full
- Year Built: 1928
- Living Area: 973 sqft
- New Construction: No
- MLS #: 4412352
Additional Home Features
- Subdivision: None
- Neighborhood: None
Association
- HOA Required: No
Interior Features
- Heating: Heat Pump
- Cooling: Ceiling Fan(s), Heat Pump
- Main Level
Appliances
- Dryer
- Electric Range
- Electric Water Heater
- Refrigerator
- Washer
- Washer/Dryer
Construction Materials
- Wood
- Foundation: Basement
Cooling
- Ceiling Fan(s)
- Heat Pump
Foundation Details
- Basement
Heating
- Heat Pump
Laundry Features
- Main Level
Levels
- One
Parking Features
- Driveway
- On Street
Exterior Features
- Patio/Porch: Covered, Front Porch
Other Structures
- Shed(s)
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Asphalt, Paved
Sewer
- Public Sewer
WaterSource
- City
Fireplace
- Fireplace: Yes
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
Similar homes nearby
LISTING COURTESY OF: BLUEBLAZE REAL ESTATE GROUP LLC
rhoke317@gmail.com
$279,900
Est. Payment: $1,439/mo
Adjust down payment, rate & terms
Asheville, NC 28801
2
bedrooms
1
baths
973
sq.ft.
$288
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Blueblaze Real Estate Group LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.