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1 & 3 Freeport Lane, Asheville, NC 28806

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For Sale

$525,000

4 beds • 2 baths • 2 half baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • New Construction
    Age

Explore this Property

Incredible Investment Property Opportunity in West Asheville. And you can be part of helping Asheville's Affordable Housing Crisis... 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.
MLS# 4318398

Courtesy Of Dirt and Sticks

(828) 712-3781

Property Features

  • Age
    New Construction
  • Amenities
    Ceiling Fan
  • Appliances
    Dishwasher, Microwave, Refrigerator
  • Cooling System
    Ceiling Fan(s)
  • Floor Covering
    Bamboo, Vinyl, Wood
  • Lot Size
    0.21 Acres
  • Roof Type
    Metal
  • Rooms
    Laundry Room

Map and Directions

Directions to 1 & 3 Freeport Lane, Asheville, NC 28806

Home seller CENTURY 21 Connected

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Connected

(828) 348-0222
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.