181 Merrimon Avenue

181 Merrimon Avenue

Asheville, NC 28801
$1,095,000

  • Bedrooms:
  • Bathrooms:
  • Lot Size: 0.41 Acres
Description

INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.

Property Summary
Property Type: Residential Income Property Subtype : Apartment
Year Built : 1907 Construction Type : Site Built
Lot Size : 0.41 Acres Living Area : 3,212 sqft
Views
  • City
Appliances
  • Dishwasher
  • Electric Range
  • Refrigerator
More Information
  • Construction : Cedar Shake
  • Roof : Shingle
  • Parking : Driveway, Parking Space(s)
  • Heating : Hot Water, Natural Gas
  • Cooling : None
  • Water Source : City
  • Road : Publicly Maintained Road
  • Listing Terms : Cash, Conventional

Based on information submitted to the MLS GRID as of 02-22-2025 07:22:03 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By
Appalachian Realty Associates
Gray Tolson
828-279-4058
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