24 Timothy Street, Asheville, NC 28801
- $279,900
- 2
- BD
- 1
- BA
- 973
- SqFt
- List Price
- $279,900
- Status
- COMING SOON
- MLS#
- 4412352
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 973
- Parcel Size
- 0.27
- Year Built
- 1928
- Days on Market
- 0
Property Description
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
Additional Information
- County
- Buncombe
- Acreage Features
- Cleared, Level
- Appliances
- Bar Fridge, Electric Range, Electric Water Heater
- Exterior Finish
- Wood
- Basement Description
- Yes
- Sewer/Septic
- Public Sewer
- Heating
- Heat Pump
- Cooling
- Heat Pump
Mortgage Calculator
Listing courtesy of Blueblaze Real Estate Group LLC. rhoke317@gmail.com
“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”