$325,000
Community: Asheville in Buncombe County
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Downtown Asheville Investor’s Dream. High-Yield Potential & Walkability! Discover a premier value-add opportunity in the heart of Asheville’s most desirable 28801 zip code. This 1934 bungalow offers a rare chance to secure a property within walking distance of the city's top-tier breweries, dining, and cultural landmarks. This 2-bedroom, 1-bathroom home is a true "blank canvas" for the savvy investor. Its compact footprint (660 sq. ft.) and level lot make it an efficient project for a modern renovation designed to capture premium downtown rents or a high-demand resale. Positioned in a market that is currently rebalancing with a steady demand for walkable, urban living, this property is primed for a quick turnaround and strong equity growth.
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Directions: From I-240 W: Take Exit 5B for Charlotte St. Google Maps Route Turn Right onto Charlotte St: Move north for 0.4 miles. Turn Left onto E Chestnut St: Drive west for 0.2 miles. Turn Right onto Madison Ave: Proceed north. Turn Right onto Short Madison Ave: The property is located at 20 Short Madison Ave.
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