BEDS0
BATHS
SQUARE FEET7,240
MLS#4317652
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
PLEASE NO DRIVE-BYl Exceptional investment opportunity in Asheville! This fully leased property offers five income-producing homes across three adjacent PINs, including three singlewide and two doublewide homes ? all with strong rental history and reliable tenants. With immediate income from day one and room for future development, this property combines stability, versatility, and long-term potential. Each home is well maintained and thoughtfully placed for privacy and convenience, featuring individual driveways and ample parking. The peaceful setting provides a neighborhood feel while being just minutes from downtown Asheville, shopping, and major highways ? a prime location that keeps demand and occupancy rates high. Three parcels are serviced by septic systems and a shared well. With three contiguous lots, the configuration supports possible additional units or redevelopment (subject to county approval). Investors can maintain five established income streams while exploring opportunities to enhance or expand. The homes each offer comfortable living spaces with individual yards, making them attractive for long-term tenants. The consistent occupancy and strong rent performance demonstrate solid cash flow and minimal turnover ? ideal for both new and seasoned investors. Highlights: ? five homes total ? 3 singlewides and 2 doublewides ? Fully leased with strong rental history ? Three adjacent PINs with development potential ? 3 parcels on septic with shared well ? Ample parking and private driveways ? Convenient to downtown Asheville, shopping, and highways ? Peaceful setting with strong tenant demand.This turn-key property is ready to continue performing as a proven income generator. With its combination of location, stable rental history, and development flexibility, it's a rare opportunity in Asheville's growing market. Whether you're expanding your portfolio or seeking a property with long-term appreciation potential, this investment checks all the boxes.
Property Features
Property Type: Multi Unit - Multiple
Basement: Other
Heating: Heat Pump
Lot Size: 3.95 Acres
Roof Type: Architectural Shingle, Metal
Year Built: 9999
Feature Descriptions
Appliances: Other
Days on Site: 171
Exterior: Vinyl, Other - See Remarks
Foundation: Crawl Space
Horse Amenities: None
Laundry: Other - See Remarks
Lot: Cleared, Green Area, Level, Rolling Slope, Wooded, Views
Other Structures: None
Parcel#: 9618-86-8172-00000
Parking: Driveway
Pets Allowed: No
Sewer: Septic Installed
Units: 6
Water: Shared Well
Local Schools
High School: Clyde A Erwin
Middle School: Clyde A Erwin
Elementary School: Johnston/Eblen
Listed By / Shown By
Listed By
Agency Name: Edwards Realty LLC
Agency Contact: pursuitofrealty@gmail.com
Shown By
Agent Name: Ed Cashwell
Agent Phone: Cell: (781) 720-9444
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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17 Hat Creek Drive | MLS# 4317652
This multi-family property located at 17 Hat Creek Drive, Asheville, NC 28806 is currently listed for sale with an asking price of call for price. Search Asheville real estate on edc.lakenormanrealty.com today.