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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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24 Timothy St , Asheville, NC 28801
$279,900
Est. Payment: $622.00/mo
2 Bed
1 Bath
973 Sqft
Status: Under Contract-Show | Days on site: 4
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NCM16550 - 82543
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

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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Highlights

Listed by Robert Hoke , 828-280-3029 Blueblaze Real Estate Group LLC , 828-273-3349.

Property Type

Residential
Lot/Acreage
0.27

Year Built

1928

County

Buncombe

 Neighborhood

None

Listing ID

4412352

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Washer/Dryer
Air Cond:Ceiling Fan(s),Heat Pump
Fireplaces:
Above Ground Sq Ft:973
Below Ground Sq Ft:0
Basement:Unfinished
Other:
  • ▪ Additional:Has Fireplace, Master on Main
Water:City

Exterior Features

Lot:Cleared,Level
Zoning:RM8
Sewer:Public Sewer
Parking Features:Driveway,On Street
Principal Interest
$622
Taxes
$178

Home Price

$279,900

Loan Details

30 yrs
%

Down Payment

20%
$55,980
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:
$622.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $622.00 $178.44 $0.00 $800.44
Yearly $7,464.00 $2,141.24 $0.00 $9,605.24
Total $223,920.00 $64,237.05 $0.00 $288,157.05

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.