Description
PLEASE NO DRIVE-BYl Exceptional investment opportunity in Asheville! This fully leased property offers five income-producing homes across three adjacent PINs, including three singlewide and two doublewide homes — all with strong rental history and reliable tenants. With immediate income from day one and room for future development, this property combines stability, versatility, and long-term potential. Each home is well maintained and thoughtfully placed for privacy and convenience, featuring individual driveways and ample parking. The peaceful setting provides a neighborhood feel while being just minutes from downtown Asheville, shopping, and major highways — a prime location that keeps demand and occupancy rates high. Three parcels are serviced by septic systems and a shared well. With three contiguous lots, the configuration supports possible additional units or redevelopment (subject to county approval). Investors can maintain five established income streams while exploring opportunities to enhance or expand. The homes each offer comfortable living spaces with individual yards, making them attractive for long-term tenants. The consistent occupancy and strong rent performance demonstrate solid cash flow and minimal turnover — ideal for both new and seasoned investors.
Highlights: • five homes total — 3 singlewides and 2 doublewides • Fully leased with strong rental history • Three adjacent PINs with development potential • 3 parcels on septic with shared well • Ample parking and private driveways • Convenient to downtown Asheville, shopping, and highways • Peaceful setting with strong tenant demand.
This turn-key property is ready to continue performing as a proven income generator. With its combination of location, stable rental history, and development flexibility, it’s a rare opportunity in Asheville’s growing market. Whether you’re expanding your portfolio or seeking a property with long-term appreciation potential, this investment checks all the boxes.
Address
Open on Google Maps-
Address: 17 Hat Creek Drive
-
City: Asheville
-
State/county: NC
-
Zip/Postal Code: 28806
Details
Updated on February 9, 2026 at 4:27 am-
Property ID 4317652
-
Price $1,050,000
-
Property Size 7240 m²
-
Garage Size x x
-
Year Built 9999
-
Property Type Portfolio, Residential Income
-
Property Status Active, For Sale
Additional details
-
Listing Terms Cash,Nonconforming Loan,Private
-
Roof Architectural Shingle,Metal
-
Sewer Septic Installed
-
Cooling Heat Pump
-
Heating Heat Pump
-
County Buncombe
-
Property Type Residential Income
-
Parking Driveway
-
Elementary School Johnston/Eblen
-
Middle School Clyde A Erwin
-
High School Clyde A Erwin
-
Waterfront None
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
Video
360° Virtual Tour
Contact Information
View ListingsSimilar Listings
416 S Cherokee Avenue, Black Mountain, NC 28711
416 S Cherokee Avenue, Black Mountain, NC 28711, Black Mountain, NC- Beds: 4
- Baths: 3
- 2201 m²
- Portfolio, Residential Income
20 Homewood Drive, Asheville, NC 28803
20 Homewood Drive, Asheville, NC 28803, Asheville, NC- Beds: 4
- Baths: 2
- 1390 m²
- Portfolio, Residential Income
1010 & 1014 Melton Branch Road, Bakersville, NC 28705
1010 & 1014 Melton Branch Road, Bakersville, NC 28705, Bakersville, NC- Beds: 3
- Baths: 3
- 2476 m²
- Portfolio, Residential Income
135 Sardis Drive, Asheville, NC 28806
135 Sardis Drive, Asheville, NC 28806, Asheville, NC- Beds: 11
- Baths: 7
- 3325 m²
- Portfolio, Residential Income
- The Simpson Group Realty