37 Water ST, Asheville, NC 28801
37 Water ST, Asheville, NC 28801
37 Water ST, Asheville, NC 28801
16
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$570,000
Est. payment /mo
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4 Beds
4 Baths
2,244 SqFt
New

37 Water ST Asheville, NC 28801

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,244 sqft

Price per Sqft $254

MLS Listing ID 4416437

Bedrooms 4

Full Baths 4

Construction Status Completed

Abv Grd Liv Area 2,244

Year Built 1925

Lot Size 4,486 Sqft

Acres 0.103

Lot Dimensions 45 × 100 feet

Property Sub-Type Fourplex

Property Description

Investment opportunity just minutes from downtown Asheville! This established four-unit property features four approximately 500-square-foot, one-bedroom/one-bath apartments, including one fully remodeled and currently vacant unit ready for a new tenant or owner occupant. The remaining three units are currently rented, providing immediate income for the next owner.

The building also offers shared interior stair access and a common basement/laundry area available to tenants. Conveniently located close to downtown, the River Arts District, shopping, dining, and Asheville amenities.

This is an older Asheville property with character and a proven rental history—not new construction—and there remains opportunity for additional TLC and improvements over time. The combination of existing rental income, a freshly renovated vacant unit, and a close-in location makes 37 Water Street an appealing opportunity for an investor looking to add value while maintaining an income-producing property.

Location

State NC

County Buncombe

Zoning RS8

Rooms

Basement Dirt Floor

Interior

Heating Baseboard

Cooling Window Unit(s)

Flooring Vinyl, Wood

Fireplace false

Appliance Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator

Laundry In Basement

Exterior

Utilities Available Cable Available, Natural Gas

Street Surface Concrete,Paved

Porch Front Porch, Porch, Rear Porch

Garage false

Building

Dwelling Type Site Built

Foundation Basement

Sewer Public Sewer

Water City

Structure Type Wood

New Construction false

Construction Status Completed

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Yes

Senior Community false

Special Listing Condition None


Listed by Peter Lorenz • Keller Williams Professionals • peterlorenz@kw.com

NEARBY SCHOOL & BUSINESS

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37 Water ST