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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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8 Units - 615 Biltmore Ave , Asheville, NC 28803
$1,700,000
Est. Payment: $3,777.78/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 119
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NCM100510 - knelson,R10680
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, and just minutes to downtown Asheville and Biltmore Village. The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Each unit offers a low-maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. A compelling opportunity to acquire scale in a proven Asheville location with enduring rental appeal. Rental history available upon request.
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Highlights

Listed by Karl Nelson , 828-713-0927 and Jane Brody , 828-713-0927 NAI Beverly-Hanks , 828-210-3940.

Property Type

Commercial Sale
Lot/Acreage
99999

Year Built

1949

County

Buncombe

Listing ID

4373090

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:Electric Oven, Electric Range, Exhaust Hood, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Wood
Below Ground Sq Ft:0
Water:City

Exterior Features

Lot:Cleared
Zoning:RM16
Roof:Built-Up
Sewer:Public Sewer
Parking Features:On Street,Parking Lot
Principal Interest
$3,778
Taxes
$1,084

Home Price

$1,700,000

Loan Details

30 yrs
%

Down Payment

20%
$340,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,777.78 $1,083.75 $0.00 $4,861.53
Yearly $45,333.33 $13,005.00 $0.00 $58,338.33
Total $1,360,000.00 $390,150.00 $0.00 $1,750,150.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Asheville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.