E Riverside Urban Renewal Area Real Estate

Welcome to the E Riverside Urban Renewal Area, a vibrant and evolving neighborhood nestled in the heart of Asheville, North Carolina. Known for its stunning natural beauty and rich cultural heritage, this area is a hidden gem that combines the charm of small-town living with the conveniences of urban life.

E Riverside is characterized by its picturesque views of the Blue Ridge Mountains and the gentle flow of the French Broad River, offering residents a serene backdrop for outdoor activities. The neighborhood is undergoing an exciting transformation, with revitalization efforts enhancing its appeal while preserving its historical significance. As new businesses and residences emerge, the community is becoming a hub for creativity and innovation.

One of the standout features of the E Riverside Urban Renewal Area is its proximity to Asheville's vibrant downtown. Just a short drive or leisurely bike ride away, residents can enjoy an eclectic mix of boutiques, art galleries, and farm-to-table restaurants that showcase the region's culinary prowess. The area is also known for its lively arts scene, with numerous festivals and events celebrating local talent throughout the year.

Families will appreciate the community's commitment to education, with access to quality schools and recreational facilities. Parks and green spaces are abundant, providing perfect spots for picnics, playdates, and leisurely strolls.

Whether you're looking to invest in a home, start a business, or simply explore a new lifestyle, the E Riverside Urban Renewal Area offers a unique blend of opportunity and charm. Come discover the magic of this Asheville neighborhood, where tradition meets modernity, and every day feels like a new adventure!

Newest Listings in E Riverside Urban Renewal Area

$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.

1 Camby Street, Asheville

Listing courtesy of Fathom Realty NC LLC. mgragg@fathomrealty.com

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