$2,550,000

288 Montford Avenue Asheville NC

Courtesy of Ivester Jackson Blackstream

Facts

  • MLS# 3284220
  • Square Footage >5,500
  • Commercial

Property Map

Amenities

  • Lot Size: 0.75
  • Status: Active
  • Property Type: Commercial

Description

Surrounded by lush lawns, beautiful gardens, ponds - designed and built by resident architect of Biltmore House, Richard Sharp Smith in 1899 - this enchanting property captures the imagination with its shingled, half-timbered, and pebble-dashed exterior. Hailed as 'Asheville's Finest Boutique Inn' - by Sunday London Times, the profitable Black Walnut Bed and Breakfast Inn, with international accolades, boasts an 8.6% CAP RATE. Beautifully updated - the main home features exemplary craftsmanship, six en-suite bedrooms, eight fireplaces, chef's kitchen, and pristine original detail. Fully renovated and updated carriage house features two en-suite bedrooms each with fireplace and private outdoor space on main level. The upper level, one-bedroom unit is complete with kitchen, living area with fireplace, and outdoor terrace. Incredible furnishings, luxurious appointments, positive cash-flow, and vibrant, walkable, in-town neighborhood location make this turn-key property a great investment.

The information contained herein has been provided by North Carolina Mountains MLS. This information is from sources deemed reliable but not guaranteed by North Carolina Mountains MLS. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Copyright North Carolina Mountains MLS. All rights reserved.

Updated: 19th January, 2018 4:15 PM.

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