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$64,000
Sold on 7/29/24
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On the market:
53 days
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View full details, 15 photos, school info, and price history
Rare ridge-top lot with potential great views while so near downtown and Asheville HWY and very easy and short access to Lyndhurst Dr through recorded access and utility easement through 502 Lyndhurst Drive in the front (see attachments for easement). City water line and power line on Lyndhurst Dr. R-20 zoning allows a second house to be built on the back. Selling for near tax value of $61,900 whereas tax values are almost all far lagging market values. One could also buy 502 Lyndhurst Dr (2 existing units plus a building pad on the back on this huge lot of 1.33 acres - see residential MLS 4148315) and thus potentially could have 5 units in these two lots. Great rental income and investment potential.
Listing courtesy of Kevin Wei, Buncombe Realty