1 Camby Street, Asheville, NC 28801
Local realty services provided by:CENTURY 21 First Choice Realty
Listed by: mike gragg
Office: fathom realty nc llc.
MLS#:4371645
Source:CH
Price summary
- Price:$370,000
- Price per sq. ft.:$412.95
About this home
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...
Contact an agent
Home facts
- Year built:1984
- Listing ID #:4371645
- Updated:July 28, 2026 at 11:11 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Dishwasher, Electric Oven, Electric Range, Exhaust Hood, Refrigerator
- Living area:896 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1984
- Building area:896 sq. ft.
- Lot area:0.43 Acres
- Lot Features:Cleared, Level, Sloped
- Architectural Style:Ranch
- Construction Materials:Hardboard, Wood
- Exterior Features:Fire Pit, Storage
- Foundation Description:Crawl Space
- Levels:1 Story
Schools
- High school:Asheville
- Elementary school:Claxton
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$370,000
- Price per sq. ft.:$412.95
Parking
- Parking description:Driveway
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