8 Units - 615 Biltmore Avenue, Asheville, NC 28803

$1,850,000
1
BD
1
BA
625
SqFt

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List Price
$1,850,000
MLS#
4366733
Status
ACTIVE
Property Type
Residential
Architectural Style
Arts and Crafts, Old World, Traditional
Year Built
1949
Days on Market
112
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
625
Sq Ft Total
625
County
Buncombe
Subdivision
Beverly Condos

Property 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. If there is serious interest in purchasing a smaller subset of units, please contact the listing agent for additional details and potential options.

Additional Information

Hoa Fee
$2,690
Hoa Fee Paid
Annually
Community Features
Sidewalks, Street Lights
Floor Coverings
Wood
Equipment
Electric Oven, Electric Range, Exhaust Hood, Refrigerator
Foundation
Crawl Space
Main Level Rooms
Living Room, Bedroom(s), Bathroom-Full
Laundry Location
None
Heating
Forced Air
Water
City
Sewer
Public Sewer
Exterior Features
Lawn Maintenance
Exterior Construction
Brick Full
Roof
Built-Up
Parking
On Street, Parking Lot
Driveway
Asphalt, Paved
Lot Description
Cleared
Elementary School
Asheville City
Middle School
Asheville
High School
Asheville
Zoning
RM16
Special Conditions
None

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-Downtown. emily.butcher@allentate.com

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