$1,095,000
295 E Chestnut St, Asheville, NC 28801
0 bed · 0 bath · 3,875 sq ft
0
bedrooms
N/A
baths
3,875
sq.ft.
$283
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
Rare opportunity to acquire a fully occupied, extensively renovated 6-unit multifamily property in desirable North Asheville. Located on a quiet, tree-lined residential street, 295 E. Chestnut Street is approximately one mile from downtown Asheville and within easy walking distance of restaurants, retail and neighborhood amenities. Trader Joe’s, Harris Teeter and Whole Foods are all within approximately ½ mile. The property features four 1-bedroom and two studio apartments, ample on-site parking, individual electric meters and substantial kitchen and bathroom updates. Convenient access to Charlotte Street and I-240 further enhances the location. A compelling opportunity for investors seeking an established, income-producing Asheville multifamily asset.
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
- Year Built: 1925
- Living Area: 3,875 sqft
- New Construction: No
- MLS #: 4427544
Association
- HOA Required: No
Interior Features
- Attic Finished
- Heating: Baseboard, Electric
- Cooling: Window Unit(s)
- Inside
- None
Appliances
- Dishwasher
- Electric Oven
- Electric Range
- Electric Water Heater
Construction Materials
- Fiber Cement
- Wood
- Foundation: Basement
Cooling
- Window Unit(s)
Foundation Details
- Basement
Heating
- Baseboard
- Electric
Laundry Features
- Inside
- None
Parking Features
- Parking Lot
Pets Allowed
- Yes
Road
- Road Responsibility: Publicly Maintained RoadPrivate Maintained Road
- Road Surface Type: Concrete, Gravel, Paved
Sewer
- Public Sewer
WaterSource
- City
Fireplace
- Fireplace: No
Location
Similar homes nearby
LISTING COURTESY OF: G/M PROPERTY GROUP
jmenk@gmproperty.com
$1,095,000
Est. Payment: $5,628/mo
Adjust down payment, rate & terms
Asheville, NC 28801
0
bedrooms
N/A
baths
3,875
sq.ft.
$283
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 G/M Property Group
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.