Asheville · Asheville, NC
101 E Skyland Circle
Asheville, NC · 624 sqft
$350,000
- 3Beds
- 2Baths
- 624SqFt
- 1925Year
- 1Days on market
About this home
Great opportunity for an investor or owner-occupant looking to offset their mortgage with rental income. This freshly painted home features a 2-bedroom, 1-bathroom unit on the main level and a finished basement studio apartment with 1 bedroom and 1 bathroom (ceiling height under 7 feet). Situated on a spacious corner lot, the property offers a partially fenced yard with plenty of outdoor space to enjoy. Utilities were included in the monthly rents and are not separately metered, though each unit has its own mailing address and designated parking space. Conveniently located just minutes from I-26 and downtown Asheville, this property offers excellent potential for investment or multi-generational living.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 624
- Lot
- —
- Year built
- 1925
- Type
- Single Family
- Days on market
- 1
- Heating
- Heat Pump, Oil, Other - See Remarks
- Cooling
- Heat Pump, Window Unit(s), Other - See Remarks
- Foundation
- Basement
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,575/ month
- Principal & interest
- $2,167
- Property tax (~1.05%)
- $306
- Homeowners insurance
- $102
- HOA dues
- —
Down payment
$17,500 down · $332,500 financed
Income to qualify (28% rule)
~$110,399 / 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.