$874,900 / 8br - 4500ft2 - 4-plex multifamily + 2 RV pads (Candler)

Nestled on 0.62 acres of flat, usable land with mountain views, this multi-family property offers a fantastic investment opportunity with 4+ units AND 2 RV spots (both with electric, water and sewer). The house is a large (4440 sf), 2-story, well-built Craftsman manor with high ceilings and crown molding, that has been beautifully remodeled, updated and converted into 4+ apartments. It now has a total of 9 bedrooms (6 fairly large), 5.5 bathrooms, 2 propane fireplaces, updated appliances, many new windows and fixtures (too many improvements to mention), plus a laundry room, an unfinished basement, and it is on city water/sewer. If you want to move into the large (1400 SF), 2-BR apt we just vacated, you can get a residential 30-year fixed loan. Or as an investment, you could purchase it via a business loan. There is a state-subsidized small business loan via First Citizen’s Bank. Or? On the investment side, it’s in an ideal location because it’s just 1-mile west of Asheville city limits, where development is growing and property values are going up. This is a special property. 1) It is a turnkey business that generates about $9,000/mo when all spaces are rented (and most are); 2) It is one that offers much needed affordable housing for about 13 people (including the 2 RV pads that were added last year); 3) It is in a semi-rural area and yet just 15 minutes from the heart of downtown Asheville, which means it always has been easy to get new, good renters as needed (and because I lived there, I've been picky!), and; 3) it’s a great real estate investment. 4) I also will offer plenty of support to the next steward during ownership transition, if desired. Shared amenities for residents include a large front porch and back patio, each with a table and chairs, abundant organic gardens, a fire pit, compost bins, garden shed, a washer/dryer laundry, clotheslines, and various sitting areas with chairs for private contemplation or socializing. What is created here is the sense of community and healthy living. It also has easy access to nearby grocery and retail stores, restaurants, parks (one with an 18-hole Disk Golf Course), hiking, etc. If interested, please text me, Gaya, at show contact info . I can send you a list of improvements done over the years, and info on the income and expenses. What conveys with the sale is all of the furnishings provided to tenants - from beds and dining room sets to kitchenware, the outdoor furniture and some furnishing in the large (1400 SF) 2-BR apartment we just vacated. Plus you get all the WIFI equipment which provides high-speed (1 GPS) internet service and is all set up.