Investor alert! This income producing duplex has been a successful Airbnb for 4+ years. Rare find in prime location ~1 mile to downtown Asheville. Brought in over $54k in 2021! Nightly price on Airbnb is well below market, so could easily up price/night for more income. Both units completely remodeled in 2018/2019 (new electrical, plumbing, foundation, gutters, appliances). Separate electric bill, one water bill. Both units have mini split heating/AC. Upstairs unit is a 1 bed/1 bath with extra futon. Downstairs unit is a 2 bed/1 bath with extra futon. Both units being sold fully furnished and stocked! New owners could begin taking guests/renters immediately! Rent both as short term rentals, long term rentals, or live in one and rent the other- endless possibilities with no STR restrictions in the Town of Woodfin. Partially fenced backyard for pets (fenced on 3 sides), easy access to downtown Asheville, Beaver Lake and 26. Owner is a NC agent.
Closed
$480,600
110 & 110.5 Elkwood Ave, Asheville, NC 28804
3beds
1,589sqft
Duplex
Built in 1949
-- sqft lot
$480,600 Zestimate®
$302/sqft
$2,079 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 15, 2022 at 07:19am
Listing Provided by:
Emma Earley emma.earley@exprealty.com,
EXP Realty LLC
Bought with:
Alisha Suer
Heartwood Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 3896891
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ductless
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Oven, Electric Water Heater, Oven, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Lower Level, Upper Level
Features
- Flooring: Tile, Wood
- Basement: Finished
Interior area
- Total structure area: 1,589
- Total interior livable area: 1,589 sqft
- Finished area below ground: 793
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Other
- Fencing: Fenced
Lot
- Size: 0.13 Acres
Details
- Parcel number: 973072780200000
- Zoning: T-R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Stucco
- Foundation: Other - See Remarks
- Roof: Shingle
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Asheville
- Subdivision: Woodfin Land Company
Other
Other facts
- Listing terms: Conventional
- Road surface type: Gravel
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Estimated market value
$480,600