Asheville · Asheville, NC
10 Washington Avenue
Asheville, NC · 1,832 sqft
$410,000
- 3Beds
- 2Baths
- 1,832SqFt
- 1929Year
- 1Days on market
About this home
Adorable Woodfin cottage with updates and strong rental history! Low-maintenance lot provides room for pets and relaxation without headaches. Front unit has 2 bedrooms and a full bathroom for convenient living on one level. Rear unit is accessed separately from the deck with 1 bedroom and 1 full bathroom; an ideal layout for living in one unit and generating income from the other or renting out both units in a popular and convenient area, just 1 mile from Beaver Lake, and 5 minutes to downtown AVL. Basement has potential for additional living space and has been plumbed for a bathroom. Property has operated as a successful short, mid, and long-term rental. Short-term rental permit is currently expired, but buyer could reapply with the city. There is no guarantee that it would be accepted. Property currently operates as a midterm rental (rented through FurnishedFinder) and has had continuous tenants with 100% occupancy rate. Back unit vacancy is only due to being listed for sale in order for ease of showings.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,832
- Lot
- —
- Year built
- 1929
- Type
- Single Family
- Days on market
- 1
- Heating
- Ductless
- Cooling
- Ductless
- Foundation
- Basement
- Flooring
- Laminate, Tile, Wood
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,017/ month
- Principal & interest
- $2,539
- Property tax (~1.05%)
- $358
- Homeowners insurance
- $119
- HOA dues
- —
Down payment
$20,500 down · $389,500 financed
Income to qualify (28% rule)
~$129,324 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.