BEDS5
BATHS3 full
SQUARE FEET2,304
MLS#4423785
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONE Riverside Urban Renewal Area
Property Description
Centrally located in the heart of Asheville, this 5BD/3BA versatile and spacious home combines exceptional convenience with impressive income potential. Minutes from Downtown Asheville, Mission Hospital, A-B Tech, the River Arts District, iconic local breweries, and historic Biltmore Village, the location couldn't be more ideal.Inside, the home features a light-filled layout complemented by a renovated lower level?perfect for a mother-in-law suite, a private multi-bedroom rental, or mid-term housing. The seller has successfully utilized portions of the home to house traveling medical professionals, providing a steady stream of additional revenue.Unwind on the oversized front porch while taking in year-round views of Downtown Asheville and the surrounding Blue Ridge Mountains. Out back, an expansive backyard offers endless possibilities for gardening, outdoor entertaining, or potential future development. Whether you're seeking a primary residence with passive income, a multi-generational living setup, or an investment property, this Asheville gem delivers on every level.Situated just minutes from Downtown Asheville, this strategically located property is far more than a charming residence?it is a rare chance to capitalize on flexible RS-8 zoning and Asheville's expanding residential density initiatives.Under current regulations, RS-8 zoning allows 2 units for the initial 4,000 sq. ft. of parcel area, plus 1 additional unit for every extra 1,000 sq. ft. A parcel of 5,000+ sq. ft. can accommodate up to 3 units, opening doors for duplexes, multi-family infill, or expanded Accessory Dwelling Units (ADUs). (Buyer/Buyer's Agent to verify subdivision potential and allowable build parameters with City of Asheville Planning) This home is being sold strictly As-Is and requires unfinished repairs and updates. Schedule your showing today and explore the possibilities!
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Daylight, Finished, Walk-Out Access, Walk-Up Access, Other
Heating: Baseboard, Electric, Heat Pump
Home Style: Ranch
Lot Size: 0.35 Acres
Stories: 1.0
Year Built: 1980
Amenities
Storage
Feature Descriptions
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
Community Features: Recreation Area, Sidewalks, Street Lights
Days on Site: 6
Exterior: Stone, Wood
Flooring: Vinyl, Wood
Foundation: Basement
Laundry: In Basement, Laundry Room
Lot Dimensions: 80x191x78x189
Parcel#: 9648-24-7615-00000
Parking: Driveway
Patio/Porch: Covered, Deck, Front Porch
Sewer: Public Sewer
Special View Info: City, Long Range, Mountain(s), Year Round
Utilities: Cable Connected, Electricity Connected, Wired Internet Available
Water: City
Window Features: Insulated Window(s), Window Treatments
Local Schools
High School: Asheville
Middle School: Asheville
Elementary School: Asheville Primary
Listed By / Shown By
Listed By
Agency Name: Kilgore & Associates RealEstat
Agency Contact: sankilgore@gmail.com
Shown By
Agent Name: Kim Ramsey
Agent Phone: (704) 578-2332
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 3,508.80 per month $3,326.51 Principal & Interest $0.00 Property Tax (data not provided by mls) $182.29 Homeowner's InsuranceChange Payment Information
55 Congress Street | MLS# 4423785
This single family home located at 55 Congress Street, Asheville, NC 28801 is currently listed for sale with an asking price of $625,000. This property was built in 1980 and has 5 bedrooms and 3 full baths with 2304 sq. ft. Congress Street is located in the E Riverside Urban Renewal Area subdivision. Search E Riverside Urban Renewal Area real estate on kimr.lakenormanrealty.com today.