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About This Home
This 4-bedroom, 2-bathroom residential multi family at 119 Fairfax Avenue in Asheville, NC is listed for $320,000. Built in 1909, on a 0.23 acres lot.
Welcome to 119 Fairfax! Step into the heart of West Asheville with this classic early 1900s duplex, right off Haywood Road. This property offers a unique "best of both worlds" investment. Absolutely perfect for a DSCR Mortgage! The upper level unit offers a spacious three-bedroom, one-bathroom layout in need of remodeling, perfect for a savvy buyer looking for a fixer-upper.
THEN - a downstairs one-bedroom unit that has been recently remodeled and is move-in ready for its next tenant (recently leased for $1,250 per/month.) The oversized lot is a rare find for the area and provides ample space for future improvements. Investors will appreciate the potential for a flag lot with a SFR utilizing a shared driveway, though buyers should confirm all development possibilities with the city. Come visit this perfect West Asheville proper investment today!
Key Features
- Built in 1909
- 0.23 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,711/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
119 Fairfax Avenue
Asheville, NC 28806
Galax Park
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 119 Fairfax Avenue is listed at $320,000. The estimated monthly payment is $1,387 based on 20% down at 6.5% interest.
Key features include: Built in 1909, 0.23 acre lot, 2 stories.
This property is listed by Luke Mansell and can be reached at 8285454435 or luke@townandmountain.com.
