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24 Timothy Street, Asheville, NC 28801 (MLS # 4412352)

Price $279,900
Status Coming Soon
Beds 2
Baths 1 Bath
Home size 973 sqft
Lot Size 11,762 sqft
Prime Development Potential in the Heart of Asheville. Renovate and FLIP!! Renovate and Build your Family Compound. Current regulations allow 2 units for the first 4000 SF and 1 additional unit for each extra 1000 SF of lot area. So, each lot could be 5,000+ square feet = total of 3 units per lot. Just in time to celebrate the Significant WIN for Housing in the City of Asheville, that will allow duplexes in all residential zoning districts, Increase the size of ADU's. Unlock the immense value of this strategically located property, situated just minutes from downtown Asheville, his is more than just a home it is a rare opportunity to capitalize on flexible RM8 zoning that offers exceptional versatility for residential expansion or full-scale redevelopment. Why Investors Will Love This Opportunity or your Renovation Team. The Value is there!! With great potential to Build More homes!! Maximum Density: Thanks to its RM8 zoning district, this property allows for up to four units. HVAC is 5 years old and is ready for the Heat, 220 Electrical Box. Property IS Sold S IS No Repairs by the Seller
Property Type(s): Single Family
Tract None Year Built 1928
Community None County Buncombe

SCHOOLS

Elementary School Isaac Dickson
Jr. High School Asheville
High School Asheville

Additional Details

AIR Heat Pump
AIR CONDITIONING Yes
APPLIANCES Bar Fridge, Electric Range, Electric Water Heater
BASEMENT Unfinished, Yes
FIREPLACE Yes
HEAT Heat Pump
LOT 0.27 acre(s)
LOT DESCRIPTION Cleared, Level
LOT DIMENSIONS 0.27
MLS STATUS Coming Soon
PARKING Driveway, On Street
SEWER Public Sewer
STORIES 1
SUBDIVISION None
WATER Public
 

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Listed with Blueblaze Real Estate Group LLC
Date last updated: 9/5/26 8:50 AM PDT

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