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211 Summit StreetAsheville, NC 28803MLS Number 3506254

  • Price: $275,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 3.6% last updated on 2019-08-15

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 1927Year Built
  • 2244Square Feet

Stellar investment. Two units on a large level lot in a super convenient location just south of Biltmore Village with a sneak route to the burgeoning Sweeten Creek and London Road areas full of food & brews. Both units have the same great floor plan with very large living rooms, spacious bedrooms, eat-in kitchens and their own laundries. These places live well with hardwood floors, natural gas heat, loads of natural daylight, nice porches, and two off-street parking spaces each. The lower unit enjoys a covered porch overlooking the level front yard. The upper unit has private rear access and uses the private back yard. This property has been a valuable and reliable rental investment for many years, currently managed by The Bayshore Company. Upper unit rents (thru Oct) below market value at $875. Lower unit recently marketed at $1,125 with serious interest, but kept vacant for showings. Tenants pay separate gas and electric. Owner pays water, sewer, trash & recycling (one bill).

Listed by Jody Whitehurst of Town and Mountain Realty

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More Info

Basic Information

  • Virtual TourClick Here
  • StatusPEN
  • ListingTypeExclusive Right
  • Property TypeMulti-Family
  • Property Sub TypeDuplex
  • List Price$275,000
  • Broker NameTown and Mountain Realty
  • ListingBoardIDLand of The Sky Association of Realtors
  • MLS Number3506254

Other

  • Modification Date06/19/2019
  • View Count9

Location

  • Building Number211
  • StreetSummit Street
  • MailingCityAsheville
  • StateOrProvinceNC
  • SubdivisionNone
  • Zip28803
  • CountyBuncombe
  • CommunityFeaturesNone
  • DirectionsFollow Biltmore Avenue South through Biltmore Village. Left onto Irwin Street. Right onto Summit Street. #211 is gray building on left at corner of Summit and Douglas Place.
  • ElementarySchoolEstes/Koontz
  • Junior HighValley Springs
  • High SchoolT.C. Roberson

Building

  • Year Built1927
  • ConstructionTypeSite Built
  • NumberOfUnitsTotal2
  • Square Feet2244

Property

  • DriveGravel
  • Lot DescriptionCorner Lot, Green Area, Level, Paved Frontage, Trees

Utilities

  • HeatingGas Hot Air/Furnace, No A/C
  • WaterCity Water
  • SewerCity Sewer

Photos

  • Number of Photos37
  • DatePhoto2019-05-16T11:31:07
West Asheville Real Estate

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West Asheville Real Estate
51 Watauga Street - Unit D
Asheville NC, 28801

Office: 828.215.4200

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