28 Buffalo Street

Asheville, NC 28806

$3,000,000
Price
—
Beds
12,392 Sq. Ft.
$242 / Sq. Ft.
12,392
Sq. Ft.
$242
per Sq. Ft.

Description

Investment Opportunity in West Asheville, North Carolina! Introducing Deaverview, Huffman & Buffalo Rentals, a lucrative property featuring 15 rental units spanning across 1.17 acres in the heart of the vibrant West Asheville community. Boasting 7 duplexes built between 2012-2013 and a charming brick single-family home constructed in 1961, these well-maintained rentals are an excellent investment option. Situated in a prime location with access to public amenities and transportation routes, including...Investment Opportunity in West Asheville, North Carolina! Introducing Deaverview, Huffman & Buffalo Rentals, a lucrative property featuring 15 rental units spanning across 1.17 acres in the heart of the vibrant West Asheville community. Boasting 7 duplexes built between 2012-2013 and a charming brick single-family home constructed in 1961, these well-maintained rentals are an excellent investment option. Situated in a prime location with access to public amenities and transportation routes, including Asheville Transit, these units are all currently leased, ensuring immediate returns for the new owner. The property's zoning under RM8 allows for versatile usage, making it an attractive prospect for investors looking to expand their portfolio in Buncombe County. Don't miss out on this incredible opportunity to own 15 units in the West Asheville market

Contact us today to learn more about this turnkey investment in one of North Carolina's most sought-after areas.
  1. Listed by James Diaz • Covestar Investment Realty • jim@covestar.com

Property Details for 28 Buffalo Street

Parking Features
Parking Space(s)

Location

Listing Courtesy of Covestar Investment Realty
Add your commute
LISTING UPDATED: 03/20/2024 03:03 PM

Property Details for 28 Buffalo Street

StatusActive
MLS #4019546
Days on Market396
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2012
Lot Size1.17 AC / 50,965 SF
CountyBuncombe County

Location

Listing Courtesy of Covestar Investment Realty
Add your commute

Building Information for 28 Buffalo Street

Stories-Residences-Year Built2012Building Size-Lot Size1.17 AC / 50,965 SF

Payment Calculator

$16,596 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$224

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 28 Buffalo Street

Summary
Location and General Information
  • Longitude: -82.584161
  • Zoning: R-3
  • Latitude: 35.584224
  • Directions: Addresses are GPS active. Traveling on West on Patton Avenue, passing Haywood Road on the left, continue 0.2 miles and prepare to turn right onto Deaverview Road. Continue 1.2 miles, duplex and SFR (302) is on the left. To Huffman Property: Leaving 302 Deaverview (going back toward Patton Avenue) at traffic light, turn right on N. Bear Creek Road, right onto Huffman. Duplex (37,39,41) will be on the right. Buffalo Street: Exiting from Deaverview Road, turn left onto Patton Avenue (be careful) 0.2 miles turn right onto Haywood Road (well known corridor in West Asheville) travel 1.4 miles and turn left on Burton Street travel 0.3 miles and continue onto Buffalo Street. Duplex (28, 36, 40) are on left. PLEASE DO NOT DISTURB TENANTS. Thank you.
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $2,137,900.00
  • Parcel Number: 9638-46-5779
  • City Taxes Paid To: Asheville
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Hall Fletcher
Parking
  • Open Parking: No
  • Other Parking: Ample parking for each unit. Parking "as-is where-is" and in common.
  • Carport: No
  • Garage: No
  • Main Level Garage: No
Property
Lot Information
  • Below Grade Finished Area: 0.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction: No
  • Photos Count: 21
  • Road Responsibility: Publicly Maintained Road
  • Development Status: Completed
  • Construction Type: Site Built
  • Assumable: No
  • Additional Parcels Description: 9638-46-5864, 9638-46-5869,9628-45-2617,9628-45-1720, 9628-45-2707, 9628-45-1885
  • Senior Community: No
  • Plat Reference Section Pages: 0143-0025
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Patio And Porch Features: Front Porch
  • Road Surface Type: Asphalt, Gravel, Paved
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Laundry Features: In Unit
  • Flooring: Carpet, Laminate, Linoleum
  • Foundation Details: Crawl Space
  • Basement: No
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 15
Rental
Rent Information
  • Security Features: Smoke Detector(s)
  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Property History for 28 Buffalo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 28 Buffalo Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,688 ($224 / month)
Home Facts
Beds4Baths3Total Finished SqFt1,511 SqFtAbove Grade Finished SqFt1,511 SqFtStories1Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built2012ZoningRM8CountyBUNCOMBEAPN9638-46-5779-00000

Schools near 28 Buffalo Street

This home is within Asheville City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - K to 5
Rating
School
Distance
Isaac Dickson Elementary
PublicPK to 5

Ira B Jones Elementary
PublicPK to 5

Hall Fletcher Elementary
PublicPK to 5

Vance Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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28 Buffalo Street is a multi-family home for sale in Asheville, NC 28806. This property was listed for sale on April 11, 2023 by Covestar Investment Realty, it's currently listed at $3,000,000. This listing's school district is Asheville City School District. Nearby schools include Isaac Dickson Elementary, Ira B Jones Elementary and Hall Fletcher Elementary. 28 Buffalo Street is a 0-bed, 0-bath, 12,392 sqft multi-family home built in 2012.

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.

Listing Courtesy of Covestar Investment Realty

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.