37 Water Street, Asheville, NC 28801
sale
$570,000
|
Other
Courtesy Of Keller Williams Professionals
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Amenities: Porch
- Amenities: Basement
- Appliance: Gas Oven
- Appliance: Gas Water Heater
- Appliance: Gas Range
- Appliance: Microwave
- Appliance: Refrigerator
- Building Units: 4
- Cooling System: Window Unit(s)
- Exterior Type: Wood
- Floor Covering: Vinyl
- Floor Covering: Wood
- Floors: 2
- Heating System: Baseboard
- Legal Description: DEED DATE:03/30/2021 DEED:6043-0530 SUBDIV:PROP OF TEASLEY & GUDGER LOT:4 PLAT:0010-0034
- MLSID: 4417990
- Parking Spaces: 3
- Rooms: Basement
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
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