About 181 Merrimon Avenue
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.
Features of 181 Merrimon Avenue
| MLS® # | 4197890 |
|---|---|
| Price | $998,000 |
| Full Baths | 4 |
| Acres | 0.41 |
| Year Built | 1907 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Style | Arts and Crafts |
| Status | Active |
Community Information
| Address | 181 Merrimon Avenue |
|---|---|
| City | Asheville |
| County | Buncombe |
| State | NC |
| Zip Code | 28801 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas |
|---|---|
| Garages | Driveway, Parking Space(s) |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Electric Range, Refrigerator |
|---|---|
| Heating | Hot Water, Natural Gas |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Apartment |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Construction | Cedar Shake |
School Information
| Elementary | Asheville City |
|---|---|
| Middle | Asheville |
| High | Asheville |
Additional Information
| Date Listed | November 8th, 2024 |
|---|---|
| Days on Market | 361 |
| Zoning | CBI |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Appalachian Realty Associates |
|---|