1 & 3 Freeport LN Asheville, NC 28806
4 Beds
3 Baths
1,572 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,572 sqft
Price per Sqft $333
MLS Listing ID 4318398
Style Cottage,Modern
Bedrooms 4
Full Baths 2
Half Baths 2
Construction Status Completed
Abv Grd Liv Area 1,572
Year Built 2025
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 50x170
Property Sub-Type Duplex
Property Description
A Pair of Two Brand New Single Family Residences on One Lot. Never Lived in. Each Home is a 2 BR/ 1.5BA and around 768sf.
Great Opportunity which could rent as market rate houses or to Housing Choice Voucher Holders.
According to HUD 2025 standards, a 2BR Home Rented to a family using a Housing Choice Voucher could rent for $1347 per month. That would mean annual rental income of $32,328. After factoring in Taxes/ Insurance, that's a cap rate of around 6%.
Affordable West Asheville Brand New Construction Pair of Homes close to Carrier Park, Haywood Road, River Arts District and Downtown. Modern and Adorable 2BR / 1.5BA. Bamboo floors throughout main levels, Tall Ceilings in bedrooms, and Open Wood Beams in Living Room. Great blend of modern fixtures with warm feelings throughout- Wood floors, Luxury Vinyl Plank bathrooms, Tall ceilings in bedrooms. Come take a look! Part of a new pocket neighborhood built by Compact Cottages. One Year New Home Construction Warranty and Longer warranties on many home components.
Location
State NC
County Buncombe
Zoning RM16
Interior
Interior Features Open Floorplan, Pantry
Heating Ductless
Cooling Ceiling Fan(s), Ductless
Flooring Bamboo, Vinyl, Wood
Fireplace false
Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
Laundry Electric Dryer Hookup, Upper Level
Exterior
Roof Type Metal
Street Surface Gravel,Concrete
Porch Awning(s)
Garage false
Building
Lot Description Paved
Dwelling Type Site Built
Foundation Crawl Space
Builder Name Compact Cottages
Sewer Public Sewer
Water City
Architectural Style Cottage, Modern
Structure Type Hardboard Siding,Wood
New Construction true
Construction Status Completed
Schools
Elementary Schools Asheville City
Middle Schools Asheville
High Schools Asheville
Others
Pets Allowed Call
Senior Community false
Restrictions No Restrictions
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None