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Max Shindler

max@realwnc.com +1(828) 484-3100

$ 799,000

Est. payment | -/mo

5 Beds

4 Baths

3,066 SqFt

Save

$ 799,000

Est. payment | -/mo

Save

5 Beds

4 Baths

3,066 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,066 sqft

Price per Sqft $260

Subdivision Montford

MLS Listing ID 4406063

Style Colonial,Other

Bedrooms 5

Full Baths 4

Abv Grd Liv Area 3,066

Year Built 1903

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Fourplex

Property Description

Stately four-plex residence of a Dutch Colonial Revival style on over 1/4 acre. Prime, in-town location on a quiet, tree-lined street. A unique investment opportunity with all four units currently leased and consistent rental income over the years. One 2 BR/1 BA unit, and the others are all 1 BR/1 BA. Many charming, original details. Offering a nostalgic presence with its mostly hardwood floors throughout, and tall ceilings on the main. All can enjoy the beautiful garden areas, with hydrangeas galore. The private, open backyard is where the outdoors is easily embraced. Tenants can also choose to relax on the covered front or rear porches. The National Register of Historic Places noted 41 Panola St. as an early 20th c. vernacular shingle dwelling within the Montford Area Historic District. Information about the Historic Resources Commission and the Montford guidelines can be found on the Asheville City webpage. This classic home has an interesting past, old appeal, and much potential. Some may say it seems a little tired, yet there's plenty to love. Continue with this successful rental (likely its best use) in its present state, or new owners may choose to bring this vintage beauty back to its bygone majesty. Convenient to all things Asheville! Moments from Montford Park, UNCA, Botanical Gardens, Reed Creek Greenway, popular restaurants (such as All Day Darling and Nine Mile) and entertainment venues (like Harrah's Cherokee Center and Thomas Wolfe Auditorium). Trader Joe's, Whole Foods and more, are about 1 mile away. Consider generating extra monthly income! Cannot match this desirable Asheville neighborhood. Could this be the place and time? **Please do not walk the property unless the listing agent confirms the buyer's agent's appointment requests. Listing agent will accompany at showings. 24-hour+ notice is a must. Pre-approval or proof-of-funds needed prior to confirming showings.**

Location

State NC

County Buncombe

Zoning RM8

Rooms

Basement Exterior Entry, Partial, Unfinished

Interior

Interior Features Entrance Foyer

Heating Natural Gas, Other - See Remarks

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Carpet, Vinyl, Wood

Fireplaces Type Other - See Remarks

Fireplace true

Appliance Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer/Dryer

Laundry In Basement

Exterior

Exterior Feature Fire Pit, Lawn Maintenance

Community Features Other

Utilities Available Cable Available, Electricity Connected, Natural Gas

Roof Type Architectural Shingle

Street Surface Asphalt,Gravel,Paved

Porch Covered, Front Porch, Rear Porch

Garage false

Building

Lot Description Green Area, Level, Private, Wooded

Dwelling Type Site Built

Foundation Basement

Sewer Public Sewer

Water City

Architectural Style Colonial, Other

Structure Type Brick Partial,Shingle/Shake,Wood

New Construction false

Schools

Elementary Schools Asheville City

Middle Schools Asheville

High Schools Asheville

Others

Pets Allowed Yes

Senior Community false

Restrictions Historical

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Subject to Lease

Listed by Lorraine Silverman • Town and Mountain Realty • lsilverman@townandmountain.com

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(828) 484-3100

max@realwnc.com

41 Panola ST Asheville, NC 28801