Amanda J Crosby
BEDS11
BATHS7 full
SQUARE FEET3,325
MLS#4368987
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Unlock a rare high-yield investment opportunity in the sought-after Enka area of Asheville. Situated on 2.06 acres, this versatile property includes a single-family home plus five mobile home lots?three with existing homes included?offering multiple income streams and significant upside potential.Based on previous and current market rent projections, the property has the potential to generate approximately $85,200 annually in its current state, with estimated expenses of ~$11,470/year, resulting in a projected NOI of nearly $74,000. Value-add opportunities include increasing below-market rents, filling two vacant mobile home pads, and leasing the garage/shop for additional income. Light improvements such as paint, flooring, and system updates could further enhance rental performance and overall value.Conveniently located just 5 minutes to Brevard Road and Asheville Outlets, 10 minutes to North Carolina Arboretum and Blue Ridge Parkway access, and 15 minutes to Downtown Asheville, this property offers strong rental demand drivers and long-term growth potential.Main home does not currently have a functioning heat source. A compelling opportunity for investors seeking to create value and build cash flow in one of Asheville's most accessible and desirable areas.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Basement Garage Door
Garage: 1 car attached
Heating: Heat Pump
Lot Size: 2.06 Acres
Roof Type: Architectural Shingle
Year Built: 1961
Feature Descriptions
Accessibility Features: Two or More Access Exits
Appliances: Other
Days on Site: 1
Exterior: Vinyl
Foundation: Basement
Laundry: In Basement
Lot: Cleared, Level, Open Lot, Private, Wooded
Other Structures: Shed(s)
Parcel#: 9627-20-0314-00000
Parking: Driveway, Attached Garage
Pets Allowed: Yes
Sewer: Shared Septic
Units: 4
Water: Shared Well
Local Schools
High School: Enka
Middle School: Enka
Elementary School: Sand Hill-Venable/Enka
Listed By / Shown By
Listed By
Agency Name: Keller Williams Professionals
Agency Contact: realtorbradharrison@gmail.com
Shown By
Agent Name: Amanda J Crosby
Agent Phone: (909) 289-3985
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's InsuranceChange Payment Information
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135 Sardis Drive | MLS# 4368987
This multi-family property located at 135 Sardis Drive, Asheville, NC 28806 is currently listed for sale with an asking price of call for price. Search Asheville real estate on amandac.lakenormanrealty.com today.