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School Information

Elementary School
Middle School
High School
Offered by Town And Mountain Realty. Copyright 2021 Canopy MLS. All rights reserved.

Description

Excellent investment opportunity that immediately cash flows with 20% down. Make it your primary residence and pay your mortgage with ADU and increased cash flow of a short-term rental of basement apartment (pending city permit approval). Main level boasts 2 bedroom, 1 bath unit with very nice full, eat-in kitchen, a large living room, big back deck, and covered front porch. Lower level unit is 1 bedroom, 1 bath with nice living room and full eat-in kitchen. These units share full laundry. Separate ADU/apartment boasts 1 bedroom, 1 bath and an open kitchen/dining/living room with a large covered porch. All utilities shared except the ADU has separate electric meter. Off street parking for all units. Driveway at front of main level. Driveway around back for lower level and ADU. Plenty of on street parking for guests. Perfectly located in West AVL. No vacancies. Current long term tenants with month to month leases and rent rates well below market value, yet still total over $3,000/month.

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Based on information submitted to the MLS GRID as of 2021-09-20T13:34:16.36 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither LKN Elite Realty Group | eXp Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

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81 Vandalia Avenue Asheville, NC 28806

  • Price: $574,900
  • Status: Active Under Contract
  • Updated: 49 min ago
  • ID#: 3780907
4
Beds
3
Baths
0
½ Baths
0.17
Acres
2,227
SQFT
$258
$/SQFT
1968
Built
Neighborhood:
West Asheville
County:
Buncombe
Area:
Asheville
Elementary School:
Asheville City
Middle School:
Asheville
High School:
Asheville
Property Description
Excellent investment opportunity that immediately cash flows with 20% down. Make it your primary residence and pay your mortgage with ADU and increased cash flow of a short-term rental of basement apartment (pending city permit approval). Main level boasts 2 bedroom, 1 bath unit with very nice full, eat-in kitchen, a large living room, big back deck, and covered front porch. Lower level unit is 1 bedroom, 1 bath with nice living room and full eat-in kitchen. These units share full laundry. Separate ADU/apartment boasts 1 bedroom, 1 bath and an open kitchen/dining/living room with a large covered porch. All utilities shared except the ADU has separate electric meter. Off street parking for all units. Driveway at front of main level. Driveway around back for lower level and ADU. Plenty of on street parking for guests. Perfectly located in West AVL. No vacancies. Current long term tenants with month to month leases and rent rates well below market value, yet still total over $3,000/month.
Exterior Features

Architectural Style Ranch Construction Materials Brick PartialHardboard SidingWood Siding Elevation 2000 Lot Features LevelSloped Parking Features Driveway Parking Total 4 Porch BackCoveredDeckFront Road Surface Type AsphaltGravel

Interior Features

Appliances Cable PrewireCeiling Fan(S)DishwasherDryerElectric OvenElectric RangeRefrigeratorWasher Below Grade Finished Area 768 Building Area Total 2227 Fireplace YN No Flooring TileWood Foundation Details Basement Inside EntranceBasement Outside EntranceBasement Partially FinishedPier & Beam Heating Gas Hot Air FurnaceRadiant Laundry Features In BasementLaundry Room Unit Type1 Beds Total 2 Unit Type2 Beds Total 1 Unit Type3 Beds Total 1 Unit1 Baths Full 1 Unit1 Baths Half 0 Unit1 Sq Ft Total 998 Unit1 Unit Rooms BreakfastKitchenLiving Room Unit2 Baths Full 1 Unit2 Baths Half 0 Unit2 Sq Ft Total 768 Unit2 Unit Rooms BreakfastKitchenLiving Room Unit3 Baths Full 1 Unit3 Baths Half 0 Unit3 Sq Ft Total 461 Unit3 Unit Rooms BreakfastKitchenLiving Room

Property Features

Community Features Street Lights HOASubject To None HOASubject To Dues No Listing Terms CashConventional New Construction YN No Pets Allowed Yes Property Features Cable AvailableDishwasherPorch/PatioRange/OvenRefrigeratorSecond Living Quarters Property Sub Type Multi-Family Proposed Special Assessment YN No Rent Includes None Road Responsibility Public Maintained Road Sewer Public Sewer Special Listing Conditions None Structure Type Triplex Tax Assessed Value 353000 Tenant Pays All Utilities Unit Count 3 Unit Type1 Total Rent 1250 Unit Type2 Total Rent 875 Unit Type3 Total Rent 900 Water Heater Electric Water Source Public Zoning Description Rm8



Based on information submitted to the MLS GRID as of 2021-09-20T13:34:16.36 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither LKN Elite Realty Group | eXp Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

Digital Millennium Copyright Act
 
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LKN Elite Realty Group | eXp Realty
528 Williamson Road, Suite 101
Mooresville NC, 28117
Offered by Town And Mountain Realty. Copyright 2021 Canopy MLS. All rights reserved.