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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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15 And 16 Cottage Dr , Asheville, NC 28805
$444,000
Est. Payment: $986.67/mo
2 Bed
2 Bath
528 Sqft
Status: Active | Days on site: 84
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NCM17440 - cmarin
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House Description

Turn-Key Cash-Flow Opportunity Minutes from Asheville’s Major Hospitals. Positioned just minutes from both the VA Hospital and Mission Hospital, this rare dual-property package offers a high-demand cash-flow opportunity in historic Homeland Park—Asheville’s original 1930s tiny home community. Offered fully furnished and equipped for immediate income generation, these two renovated studio cottages boast a proven track record of solid rental income as turn-key 30-day rentals, making them ideal for traveling medical professionals and mid-term tenants. Each efficient living space features modern vinyl plank flooring, mini-split HVAC systems, in-unit washer/dryers, and private back decks surrounded by greenery, with 15 Cottage Drive offering the added bonus of off-street parking and a storage shed. Live in one and rent the other or rent both. Unbeatably located near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, 15 Cottage Drive is offered exclusively only as a package deal paired with 16 Cottage Drive (MLS# 4280433). Income and expense reports available upon request.

Highlights

Listed by Carol Marin , 828-545-2712 Mosaic Community Lifestyle Realty , 828-707-9556.

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1930

County

Buncombe

Neighborhood

Homeland Park

Listing ID

4392051

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
Air Cond:Ductless
Fireplaces:
Floor:Vinyl
Above Ground Sq Ft:528
Below Ground Sq Ft:0
Other:
  • Additional:Open Floorplan
Water:City

Exterior Features

Lot:Wooded
Zoning:RS8
Roof:Metal
Sewer:Public Sewer
Parking Features:Driveway,Parking Space(s)
Principal Interest
$987
Taxes
$283

Home Price

$444,000

Loan Details

30 yrs
%

Down Payment

20%
$88,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$986.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $986.67 $283.05 $0.00 $1,269.72
Yearly $11,840.00 $3,396.60 $0.00 $15,236.60
Total $355,200.00 $101,898.00 $0.00 $457,098.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Asheville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.