27,29 & 31 A/B Brown Road, Asheville, NC 28806
- $1,600,000
- 6
- BD
- 3,440
- SqFt
- List Price
- $1,600,000
- MLS#
- 4406408
- Status
- ACTIVE
- Property Type
- Residential Income
- Distressed Property
- Yes
- Year Built
- 1973
- Days on Market
- 4
- Bedrooms
- 6
- Full Baths
- 6
- Lot Size
- 49,005
- Lot Size Area
- 1.125
- Living Area
- 3,440
- Sq Ft Total
- 3440
- County
- Buncombe
Property Description
Positioned just minutes from downtown Asheville, this rare four-unit portfolio offers exceptional flexibility for investors seeking an established short-term rental opportunity in one of Western North Carolina's strongest tourism markets. Comprised of a duplex constructed in 1973 and two independent cottages constructed in the mid-1990s, the property provides four separate accommodations and multiple income streams while allowing for flexible rental strategies, owner occupancy, or a combination of personal use and investment. Guests enjoy convenient access to downtown Asheville, the River Arts District, the Biltmore Estate, the Blue Ridge Parkway, breweries, restaurants, and the area's renowned outdoor recreation, supporting consistent year-round demand. Each residence offers private accommodations designed to creating a diverse guest experience that broadens booking potential. Offered fully furnished and operating as a successful short-term rental portfolio, the property allows for a seamless transition to its next owner while presenting opportunities to further enhance the guest experience over time. With four independent accommodations across two parcels, this is a rare opportunity to acquire a scalable Asheville investment offering flexibility, diversification, and long-term appeal in one of Western North Carolina's most established vacation rental markets.
Additional Information
- Fireplace
- Yes
- Equipment
- Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Washer/Dryer
- Foundation
- Crawl Space
- Laundry Location
- Laundry Room
- Heating
- Other - See Remarks
- Water
- City, Shared Well
- Sewer
- Septic Installed
- Exterior Features
- Hot Tub
- Exterior Construction
- Wood
- Parking
- Driveway, Shared Driveway
- Driveway
- Gravel, Paved
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- Special Conditions
- Subject to Lease
Mortgage Calculator
Listing courtesy of EXP Realty LLC. tyler@savvy.realty
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