E Riverside Urban Renewal Area Homes with Cleared Lot Description

Welcome to the E Riverside Urban Renewal Area, a vibrant neighborhood nestled in the heart of Asheville, North Carolina. Known for its rich history and dynamic community spirit, this area is undergoing an exciting transformation, making it a prime destination for homebuyers seeking both charm and modern amenities.

The E Riverside Urban Renewal Area boasts a unique blend of urban convenience and natural beauty. With the stunning Blue Ridge Mountains as a backdrop, residents enjoy easy access to picturesque parks, scenic trails, and the serene banks of the French Broad River. This neighborhood is perfect for outdoor enthusiasts and city dwellers alike, offering a variety of recreational activities, from kayaking to hiking.

One of the standout features of this area is the availability of homes with cleared lots. These prime parcels of land present a fantastic opportunity for prospective homeowners and investors to create their dream residence from the ground up. Whether you're envisioning a contemporary masterpiece or a cozy cottage, the cleared lots provide a blank canvas for your vision.

Additionally, the E Riverside Urban Renewal Area is conveniently located near Asheville's bustling downtown, where you’ll find a plethora of shops, restaurants, and cultural attractions. The community is known for its friendly atmosphere, making it easy to connect with neighbors and participate in local events.

With its promising growth and revitalization efforts, the E Riverside Urban Renewal Area is not just a place to live—it's a community where you can thrive. Discover the possibilities today and become a part of this exciting neighborhood in Asheville!

Newest E Riverside Urban Renewal Area Homes with Cleared 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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