260 Bull Creek Road, Asheville, NC 28805

$1,250,000
4
BD
2,764
SqFt

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List Price
$1,250,000
MLS#
4397044
Status
ACTIVE
Property Type
Residential Income
Architectural Style
Cape Cod
Year Built
2009
Days on Market
34
Bedrooms
4
Full Baths
2
Lot Size
70,131
Lot Size Area
1.6099999999999999
Living Area
2,764
Sq Ft Total
2764
County
Buncombe

Property Description

Three sweet cottages on 1.6 acre lot in a tucked away beautiful creek valley--no through traffic, so its a favorite area for walkers, bicyclists and runners (Along with the deer, bear, turkey, etc.!) The larger cottage is a 2 bedroom, 1 bath home with cathedral ceilings, gas fireplace, large covered front porch, side entry porch, granite counters and hardwood floors (carpet in the bedrooms); this 2 bedroom home has a gas range, refrigerator and dishwasher. The additional 2 cottages are mirror copies of each other--1 bedroom, 1 bath, loft, soaring ceilings, covered front and back porches, granite countertops, hardwood floors on main (loft is carpeted), covered carport and LARGE unfinished storage area on the loft level; both 1 Bdrm units include these appliances: refrigerator, electric range, dishwasher and stacking washer/dryer. The 3 home exteriors were freshly painted in 2024; new HVAC units in all 3 (please see Res'l. Discl. for dates for each unit). Two leases are month-to-month, and one lease transfers to month-to-month on September 1. All units have been consistently rented with long term tenants since their completion in 2009. BONUS covered 'rv-port'/storage and a 768 sq/ft Garage/workshop have easy access from Bull Creek Rd. Many possibilities here...could be vacation rentals, or live in one and rent the other two, or continue with the wonderful income stream of the 3 rental home. EACH unit currently rents for $2000/month, total monthly income $6000.

Additional Information

Fireplace
Yes
Floor Coverings
Carpet, Tile, Wood
Equipment
Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer/Dryer
Foundation
Crawl Space
Laundry Location
Electric Dryer Hookup, Laundry Closet, Main Level
Heating
Central, Electric, Forced Air, Heat Pump
Water
Well
Sewer
Septic Installed
Exterior Features
Lawn Maintenance
Exterior Construction
Cedar Shake, Hardboard Siding, Stone Veneer
Roof
Composition
Parking
Assigned, Attached Carport, Detached Garage, Garage Door Opener, Garage Faces Side, Parking Space(s), RV Access/Parking, Shared Driveway
Driveway
Gravel, Paved
Lot Description
Creek/Stream, Wooded
Elementary School
WD Williams
Middle School
Charles D Owen
High School
Charles D Owen
Zoning
OU
Special Conditions
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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