3112 Asheville Hwy

Pisgah Forest, NC 28768 View Map $573,000 Ask a Question
Beds6
Baths4Full21/2
Sq.Ft.5,555
Year1968
3112 Asheville Hwy Pisgah Forest, NC 28768 | MLS 3888197 Photo 1
3112 Asheville Hwy Pisgah Forest, NC 28768 | MLS 3888197 Map

Keller Williams Elite Realty

(828) 552-3776

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Status: Sold
Property Type:Multi-Family
MLS #:3888197
Sq. Feet:5,555 Total / 1,983 Finished
Date Sold:8/17/2023
Lot Size:79,279 Sq. Ft.
County:Transylvania
Sellers are motivated, so bring your offers! Investors take note of this opportunity to own an income producing 4 unit multiplex just minutes from the entrance to the Pisgah Forest. All units are currently rented out on 6 month leases, then will be month to month at the end of July. Monthly revenue of $5,050. 7.7% CAP RATE - see attachments. Adjustment of price has been set in place to reflect the cap rate.
With over 5000 square-feet of heating living area, 3 garages, a storage unit, and plenty of yard space 3112 Asheville hwy has been a successful long-term rental for the past few years. With its amazing location it could also easily be converted into a vacation rental. Under a mile to entrance of the Pisgah Forest, and 4 miles to Downtown Brevard.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
10/26/2022$899,000$849,000-5.6%
11/25/2022$849,000$767,000-9.7%
1/6/2023$767,000$742,000-3.3%
3/8/2023$742,000$650,000-12.4%
8/20/2023$650,000$573,000-11.8%

Community Information

Address:3112 Asheville Hwy, Pisgah Forest, NC 28768
County:Transylvania
City:Pisgah Forest
Zip Code:28768

School Information

School System:Brevard
High School:Brevard
Middle School:Brevard
Elementary School:Pisgah Forest

Architecture

Bedrooms: 6
Bathrooms: 4 Full / 2 Half
Year Built:1968
Style:Ranch
Construction Materials: Brick Partial, Fiber Cement, Hardboard Siding
Construction Type: Site Built
Unheated Basement Sq. Ft.: 734
Roof: Shingle
Basement: Finished

Features / Amenities

Interior Features: Cable Prewire, Storage
Equipment: Network Ready
Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
Flooring: Laminate, Tile, Wood
Laundry: Common Area, Electric Dryer Hookup, Lower Level
Exterior Features: Lawn Maintenance
Other Structures: Barn(s)
Window: Insulated Window(s), Storm Window(s)
Parking Features: Attached Garage, Parking Space(s)
Open Parking Spaces: 4
Heating: Heat Pump
Cooling: Ceiling Fan(s), Central Air

Square Footage

Finished Sq. Ft.
Above Grade 0
Below Grade 1983
Total 1983

Property Features

Lot Size: 1.82 Acres / 79,279 Sq. Ft.
Lot Features: Cleared, Green Area, Hilly, Pasture, Paved, Creek/Stream
Utilities: Cable Available
Sewer: Septic Installed
Water: Well
Road Responsibility: Publicly Maintained Road
Road Surface: Asphalt, Concrete, Paved
Fencing: Fenced
Zoning:CMX
Directions:From Walmart Shopping Center, continue straight on Hwy 280 E towards Mills River/Asheville, listing will be on the right.

Tax and Financial Info

Deed Reference: 940/813
CCR Subject To: Undiscovered
Pets Allowed: Yes

Listing Office

Listing Office:RE/MAX Land Of The Waterfalls
Selling Office:Keller Williams Elite Realty
Broker Email:[email protected]

Schools

WALKING AND TRANSPORTATION

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Based on information submitted to the MLS GRID as of May 27, 2024 12:15 PM EST. 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.