Asheville · Asheville, NC
297 Hillside Street
Asheville, NC · 1,736 sqft
$950,000
Reduced from $975,000
- 3Beds
- 4Baths
- 1,736SqFt
- 2002Year
- 147Days on market
About this home
Is this the most interesting property available in Asheville? Even without the eclectic furnishings (some of which are available), the unique and versatile layout lends itself to a variety of uses: single-family, multifamily, rental, live/work, artist studio, retail/commercial, or a mix. Zoning is the rare and coveted Neighborhood Business. So many extraordinary touches and endless customizations make it special, showing the high quality and thoughtful design. The studio apartment is being left fully furnished/turnkey and has been a reliable rental at $1800+ per month. Second floor living area has been rented for $2600+ per month. The first floor live/work space is also being prepared for rental which will bring in additional revenue. Amazing location in a friendly neighborhood in between Charlotte St and Merrimon Ave and just a mile to downtown. 3 bedrooms, 4 bathrooms, 3 kitchens, plus a bonus loft at the top! City confirmed that homestay short term rental STR possibility with two of the units with minor modifications if you live in the third. Sellers explored connecting the first and second floors to make it a more traditional two-story home but preferred the current layout so that hasn't been done but is possible according to the sellers and the City. It is well built and well-maintained. Provide proof of funds or preapproval letter with showing request. Check out the 3-D walk-through to get a sense of the layout and efficient design. Sellers are willing to consider owner financing - make an offer!
Property details
- Beds
- 3
- Baths
- 4
- SqFt
- 1,736
- Lot
- —
- Year built
- 2002
- Type
- Single Family
- Days on market
- 147
- Garage
- 1
- Heating
- Ductless, Forced Air, Natural Gas, Wood Stove
- Cooling
- Central Air, Ductless
- Foundation
- Slab
- Flooring
- Concrete, Linoleum, Tile, Wood
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$6,991/ month
- Principal & interest
- $5,883
- Property tax (~1.05%)
- $831
- Homeowners insurance
- $277
- HOA dues
- —
Down payment
$47,500 down · $902,500 financed
Income to qualify (28% rule)
~$299,655 / 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.