143-145,147 Powers Road

Asheville, NC 28804

$2,100,000
Last Sold Price
17
Beds
10
Baths
1
1/2 Bath
10,722 Sq. Ft.
$196 / Sq. Ft.
10,722
Sq. Ft.
$196
per Sq. Ft.

Description

A discerning investor will be impressed by this opportunity to add almost 7 acres of gorgeous mountain property with 5 separate parcels and 3 large residences to their portfolio. So many advantages to this hands-off, low-maintenance investment. Ideal location, NNN lease, expansive French Broad River and Mountain Views, high-end single-family residences, future value add potential, 2 possible build sites on additional PINS. Find all of this in an incredible Asheville location just a short drive to...A discerning investor will be impressed by this opportunity to add almost 7 acres of gorgeous mountain property with 5 separate parcels and 3 large residences to their portfolio. So many advantages to this hands-off, low-maintenance investment. Ideal location, NNN lease, expansive French Broad River and Mountain Views, high-end single-family residences, future value add potential, 2 possible build sites on additional PINS. Find all of this in an incredible Asheville location just a short drive to the heart of downtown. Tax advantages; in an opportunity zone. A reputable long-term NNN tenant is in place with options through May 2033. Tenants express interest in discussing the option to renew with the new landlord. This sober living investment is safe and stable with the potential for future growth. Expand your horizons and land in the bosom of the blue ridge mountains for your next dream investment. Up the road from Silverline Park. Cap Rate: 6.39%. Inspection report available.
  1. Listed by Alexandra Schrank • RE/MAX Executive • brokeralexandra@gmail.com

Property Details for 143-145,147 Powers Road

Architectural Style
Arts and Crafts
Waterfront Features
Other - See Remarks
View
Long Range, Mountain(s), Water, Winter, Year Round
Parking Features
Driveway, Parking Lot, Parking Space(s)

Location

Listing Courtesy of RE/MAX Executive

Sold By RE/MAX Executive

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LISTING UPDATED: 06/30/2023 04:16 PM

Property Details for 143-145,147 Powers Road

StatusClosed
MLS #4009004
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1988
Lot Size6.72 AC / 292,723 SF
CountyBuncombe County

Location

Listing Courtesy of RE/MAX Executive

Sold By RE/MAX Executive

Add your commute

Building Information for 143-145,147 Powers Road

Stories-Residences-Year Built1988Building Size-Lot Size6.72 AC / 292,723 SF

Payment Calculator

$11,461 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 143-145,147 Powers Road

Summary
Location and General Information
  • Longitude: -82.598035
  • Zoning: R-10
  • Latitude: 35.621742
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $1,465,400.00
  • Parcel Number: 973000954800000
  • City Taxes Paid To: Woodfin
School Information
  • Middle Or Junior School: Clyde A Erwin
  • High School: Clyde A Erwin
  • Elementary School: West Buncombe/Eblen
Parking
  • Open Parking: No
  • Carport: No
  • Garage: Yes
  • Main Level Garage: Yes
Property
Lot Information
  • Elevation: 2000
  • Below Grade Finished Area: 2830.0
  • Sq Ft Unheated Basement: 0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction: No
  • Photos Count: 48
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Additional Parcels Description: 973000979200000,973010361200000,973000564200000,973000871300000
  • Senior Community: No
  • Plat Book Slide: 134/54
  • Plat Reference Section Pages: 134-54
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Septic Installed
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Full, Cedar Shake, Hardboard Siding
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Side Porch
  • Road Surface Type: Concrete, Gravel, Paved
  • Roof: Shingle
  • Other Structures: Outbuilding, Shed(s), Other - See Remarks
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer, Other
  • Other Equipment: Network Ready
  • Cooling: Ceiling Fan(s), Central Air, Ductless
  • Heating: Central, Ductless, Electric, Heat Pump
  • Laundry Features: Mud Room, Inside, Lower Level, Main Level, Multiple Locations
  • Flooring: Laminate, Hardwood, Tile, Vinyl, Wood
  • Foundation Details: Basement, Crawl Space, Slab
  • Basement: Yes
  • Basement: Finished, Full, Interior Entry
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Rental
Rent Information
  • Tenant Pays: All Utilities, Cable TV, Electricity, Exterior Maintenance, Gas, Outdoor Lighting, Trash Collection, Water
  • Pets Allowed: Yes

Property History for 143-145,147 Powers Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Executive

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.