Waynesville · Waynesville, NC
277 Orion Davis Road
Waynesville, NC
$249,900
- 7Beds
- 5Baths
- 0SqFt
- 1978Year
- 1Days on market
About this home
This versatile 3,800+ square foot single-family home has been converted into six rental units, offering an excellent opportunity for investors or owner-occupants seeking steady income in a convenient location. The property features five 1-bedroom units and one spacious 2-bedroom unit, providing flexible living options. Three units are located on the main level, two on the upper level, and one in the basement, allowing for easy access and management. Situated on a beautiful, level 1.36-acre lot with a small creek running through the property, the home offers plenty of outdoor space and privacy. The large parking area easily accommodates multiple vehicles and includes a 50-amp hookup for campers or RVs. Exterior features include durable wood siding and composition shingle roofing. The property is served by a private well and septic system and borders a state-maintained road for easy year-round access.Located in the desirable Balsam area, this property is just 5 minutes from Super Walmart and the entrance to the Blue Ridge Parkway. Residents enjoy quick access to shopping, dining, outdoor recreation, and the scenic beauty of Western North Carolina.
Property details
- Beds
- 7
- Baths
- 5
- SqFt
- 0
- Lot
- —
- Year built
- 1978
- Type
- Single Family
- Days on market
- 1
- Style
- Contemporary
- Heating
- None
- Cooling
- None
- Foundation
- Basement
Features
- Other - See Remarks
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,839/ month
- Principal & interest
- $1,547
- Property tax (~1.05%)
- $218
- Homeowners insurance
- $72
- HOA dues
- —
Down payment
$12,495 down · $237,405 financed
Income to qualify (28% rule)
~$78,825 / 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.