182 Porter Rd, Asheville, NC 28803

Single Family / 0 Bedroom(s)

Property Status:  Pending | $157,000.00 (Wholesale) | 


Property Photos


Off-Market: Prime Development Opportunity in South Asheville


Property Status:
Pending | $157,000.00 (Wholesale)

Contact Info
WNC Property Solutions
(828) 676-4775

Request To See This Property
Property Details:
Single Family / 0 BR
Property Style:
Land
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Property Description:

Discover the possibilities with this buildable RS-8-zoned lot in sought-after South Asheville located 10 minutes from downtown. Featuring city water and sewer, this property offers the perfect canvas for your next project.

The lot boasts a flat, wooded area in the back and a gentle slope toward the front, where a small older home currently stands. While the house is gutted and would require a complete overhaul, it may be more advantageous to demolish it and unlock the full potential of this property by dividing the lot for development.


Property Details:

- Size: 0.57 acres that can potentially be subdivided (Buyer Verify)

- Zoned: RS-8

- Water: City (Buyer Verify)

- Sewer: MSD Line (Buyer Verify)

Lot ARVs: $90-120K Per 0.25 Acre with Comps Below:

- 25 White Ave - 0.25 Acres - $120K - Sold Nov 2024

- 459 Onteora Blvd - 0.19 Acres - $100K - Sold July 2024

New Build ARVs: $470-520K with Comps Below:

- 486 Onteora Blvd - 3/2.5 - $495K - Sold Nov 2024

- 9 Hilldale Rd - 4/2.5 - $520K - Sold Aug 2024


House details:

- Built-in 1955

- 672 sq ft

- 2 bedroom /1 bathroom

- Needs complete renovation

Current House ARV: $280-300K with Comps Below:

- 6 Bondo Rd - 2/1 - 914 sq ft - $349K - Sold Sep 2024

- 33 Robison Ave - 2/1 - 892 sq ft - $325K - Sold July 2024


Call/text or email with questions or to view the property

We welcome all offers, let’s talk!

Phil 828-944-4319 or Jenny 828-676-4775

phil@wncps.com or jenny@wncps.com


Transaction Details:

Home being sold as-is, Cash purchase or private money financing only, Buyer pays all closing costs, $5,000.00 deposit (applied toward purchase price) with contract required with accepted offer. Guaranteed clear title through the closing Attorney. Agents & Wholesalers: Only market within your private network. Do not market on other sites. Add your fee on top of our purchase price.

 
 
 
 


Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. Real Estate Promo is not responsible nor will be held liable for the property or the information listed here.

Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.