55 Congress Street, Asheville, NC 28801
- $625,000
- 5
- BD
- 3
- BA
- 2,304
- SqFt
Listing courtesy of Kilgore & Associates RealEstat. sankilgore@gmail.com
- List Price
- $625,000
- MLS#
- 4423785
- Status
- ACTIVE
- Days on Market
- 1
- Property Type
- Residential
- Architectural Style
- Ranch
- Year Built
- 1980
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Lot Size
- 15,245
- Lot Size Area
- 0.35000000000000003
- Living Area
- 2,304
- Sq Ft Total
- 2304
- County
- Buncombe
- Subdivision
- E Riverside Urban Renewal Area
- Special Conditions
- None
- Waterfront Features
- None
Property Description
Centrally located in the heart of Asheville, this 5BD/3BA versatile and spacious home combines exceptional convenience with impressive income potential. Minutes from Downtown Asheville, Mission Hospital, A-B Tech, the River Arts District, iconic local breweries, and historic Biltmore Village, the location couldn't be more ideal. Inside, the home features a light-filled layout complemented by a renovated lower level—perfect for a mother-in-law suite, a private multi-bedroom rental, or mid-term housing. The seller has successfully utilized portions of the home to house traveling medical professionals, providing a steady stream of additional revenue. Unwind on the oversized front porch while taking in year-round views of Downtown Asheville and the surrounding Blue Ridge Mountains. Out back, an expansive backyard offers endless possibilities for gardening, outdoor entertaining, or potential future development. Whether you're seeking a primary residence with passive income, a multi-generational living setup, or an investment property, this Asheville gem delivers on every level. Situated just minutes from Downtown Asheville, this strategically located property is far more than a charming residence—it is a rare chance to capitalize on flexible RS-8 zoning and Asheville’s expanding residential density initiatives. Under current regulations, RS-8 zoning allows 2 units for the initial 4,000 sq. ft. of parcel area, plus 1 additional unit for every extra 1,000 sq. ft. A parcel of 5,000+ sq. ft. can accommodate up to 3 units, opening doors for duplexes, multi-family infill, or expanded Accessory Dwelling Units (ADUs). (Buyer/Buyer's Agent to verify subdivision potential and allowable build parameters with City of Asheville Planning) This home is being sold strictly As-Is and requires unfinished repairs and updates. Schedule your showing today and explore the possibilities!"
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Additional Information
- Community Features
- Recreation Area, Sidewalks, Street Lights
- Floor Coverings
- Vinyl, Wood
- Equipment
- Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
- Foundation
- Basement
- Main Level Rooms
- Living Room, Primary Bedroom, Bathroom-Full, Dining Room, Kitchen
- Laundry Location
- In Basement, Laundry Room
- Heating
- Baseboard, Electric, Heat Pump
- Water
- City
- Sewer
- Public Sewer
- Exterior Features
- Storage
- Exterior Construction
- Stone, Wood
- Parking
- Driveway
- Driveway
- Gravel, Paved
- Elementary School
- Asheville Primary
- Middle School
- Asheville
- High School
- Asheville
- Zoning
- RS8
- Total Property HLA
- 2304
- Master on Main Level
- Yes
Mortgage Calculator
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