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About This Home

This 14-bedroom, 0-bathroom residential multi family at 17 Hat Creek Drive in Asheville, NC is listed for $1,050,000. on a 3.95 acres lot.

Agent 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.

Key Features

  • 3.95 acre lot

Property Details

10 full

Monthly Cost Estimate

$5,616/mo

20% down · 6.5% · 30 years

Principal$759
Interest$4,550
Insurance$306

Estimates only. Actual payments may vary.

Location

17 Hat Creek Drive

Asheville, NC 28806

Property Details

Construction

Vinyl

Parking

Driveway

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 14-bedroom, 0-bathroom residential multi family at 17 Hat Creek Drive is listed at $1,050,000. The estimated monthly payment is $4,550 based on 20% down at 6.5% interest.

Key features include: 3.95 acre lot.

This property is listed by Tatyana Edwards and can be reached at 8282302682 or pursuitofrealty@gmail.com.

TE

Tatyana Edwards

Agent at Edwards Realty LLC

(828) 230-2682

Listed by Edwards Realty LLC · View on Broker Site

MLS# 4317652· Source: listhub· Updated 162 days ago

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

17 Hat Creek Drive, Asheville, NC 28806

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