1 Camby Street For Sale
1 Camby Street, Asheville, NC 28801
896 SqFt.
3 Bedrooms
1 BathsProperty Description
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.
Listed by Fathom Realty NC LLC
The MLS data provided for the property above (MLS#4371645) is provided courtesy of Zilbert.com. Source: CanopyMLS. Data updated 7/27/2026. Mark Zilbert is a member of the Zilbert Network and is licensed with Zilbert as a cooperating broker or cooperating agent and may not be the listing agent for this property. Information is deemed reliable but not guaranteed. The listing data on this page comes from the Canopy Realtor Association. All rights reserved. The information being provided is for consumer personal, non-commercial use. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
