E Riverside Urban Renewal Area Homes with Sloped Lot Description

Welcome to the E Riverside Urban Renewal Area, a vibrant neighborhood nestled in the heart of Asheville, North Carolina. Known for its unique blend of urban charm and natural beauty, this area offers an inviting atmosphere for those seeking a dynamic community with a rich history and a bright future.

The E Riverside Urban Renewal Area is characterized by its diverse architecture, featuring an array of homes that reflect the eclectic spirit of Asheville. One of the standout features of this neighborhood is the presence of homes with sloped lots, providing stunning views of the surrounding landscape. These homes not only offer a picturesque setting but also an opportunity to create outdoor spaces that take advantage of the natural topography, perfect for gardens, decks, or patios that overlook the lush scenery.

As you stroll through the neighborhood, you’ll discover an array of local amenities, including charming cafes, boutique shops, and vibrant parks. The community is known for its artistic flair, with murals and art installations adorning many buildings, showcasing the talents of local artists. Additionally, the proximity to the French Broad River allows residents to enjoy a variety of recreational activities, from kayaking to leisurely riverside walks.

With its combination of scenic beauty, artistic culture, and a strong sense of community, the E Riverside Urban Renewal Area is not just a place to live; it’s a lifestyle. Whether you’re looking for a cozy family home or a trendy urban retreat, this neighborhood has something for everyone. Come explore the possibilities and discover why so many are eager to call this enchanting area home.

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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