E Riverside Urban Renewal Area Homes with Sloped Lot Description

Welcome to the E Riverside Urban Renewal Area, a vibrant gem nestled in the heart of Asheville, North Carolina. This up-and-coming neighborhood is a harmonious blend of rich history and modern revitalization, making it an ideal destination for those seeking a dynamic community with a bright future.

As you stroll through the tree-lined streets, you’ll discover a mix of charming bungalows and contemporary homes, many of which boast sloped lots that provide breathtaking views of the surrounding Blue Ridge Mountains. These unique properties not only offer a picturesque backdrop but also create a sense of tranquility that is hard to find elsewhere. The sloped lots add character and depth to the landscape, allowing for creative landscaping and outdoor living spaces that truly embrace the natural beauty of the area.

E Riverside is more than just a place to live; it’s a thriving community filled with local art, eclectic shops, and delicious eateries that reflect Asheville’s renowned culinary scene. Residents enjoy easy access to the French Broad River, perfect for outdoor enthusiasts looking to kayak, fish, or simply relax by the water. The neighborhood is also conveniently located near downtown Asheville, where you can explore vibrant markets, art galleries, and live music venues.

Whether you’re a first-time homebuyer or looking to invest in a property with character, the E Riverside Urban Renewal Area offers a unique opportunity to be part of a revitalizing community that celebrates both its heritage and the promise of the future. Come discover your perfect home in this enchanting Asheville neighborhood!

Newest E Riverside Urban Renewal Area Homes with Sloped Lot Description

$370,000

3 Beds ⋅ 1 Baths ⋅ 4371645 MLS ⋅ ACTIVE Status

RE: Investment Opportunity – Multi-Strategy Residential Asset at 1 Camby St, Asheville, NC I am pleased to present an exceptional residential investment or forever home opportunity located at 1 Camby St, Asheville, NC 28801. Priced at $370,000 following a recent $10,000 price improvement, this property offers a rare combination of immediate cash-flow potential and significant development upside in a highly desirable, walkable urban corridor. Strategies to maximize return on investment: (1) Update the Cottage. cosmetic upgrades (paint, new floors, kitchen cabinets, and modern light fixtures). Use the large backyard to build an Accessory Dwelling Unit (ADU) above a garage. Rent the main house and the ADU, creating massive equity and cash flow. (2) Subdivide and Sell Subdivide the lot to sell as a separate building parcel. Sell the vacant lot. Renovate the existing home and flip. (3) Renovate and Sell Add a bathroom, open the kitchen, and install a modern deck facing the large private backyard. Clear the sloped portions of the lot and add a modern fire pit area to maximize the urban lot appeal. Sell the fully updated 2-bed, 2-bath home. (4) Move in and enjoy the large private yard and short distances to River Arts district, Downtown Asheville. The adjoining lot listed for sale MLS 4233414

1 Camby Street, Asheville

Listing courtesy of Fathom Realty NC LLC. mgragg@fathomrealty.com

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