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116 E Chestnut St
Asheville, NC 28801
Jefferson Apartments · Multifamily Property For Sale
·
21 Units
Property Facts
| No. Units | 21 | Building Size | 19,506 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 0.53 AC | ||
| Zoning | CB | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 19,506 SF |
| Average Occupancy | 99% |
| No. Stories | 3 |
| Year Built | 1925 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | CB |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Courtyard
- Laundry Facilities
About 116 E CHESTNUT ST , ASHEVILLE, NC 28801
Historic apartment building walking distance to downtown Asheville. Currently rented on 12 months lease, but zoning will allow for conversion to short term rental. Build in 1925 it has all the charm of yesteryears. Class C interior corridor apartment building. Six three bedrooms, nine two bedrooms and six one bedrooms. All apartments have one bathroom each. Each unit above grade has a balcony. Some of which are enclosed. •On National Register of Historic places - tax credit potential •Possible conversion to legal short-term rental with walking distance to downtown •Across the street from Trader Joes and Harris Teeter
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $687.50 | 400 - 600 |
| 2+1 | 9 | $1,138 | 900 |
| 3+1 | 6 | $1,313 | 1,200 |
Property Taxes
| Parcel Number | 9649-43-1438-00000 | Improvements Assessment | $1,454,600 |
| Land Assessment | $900,400 | Total Assessment | $2,355,000 |
Property Taxes
