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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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16 Cottage Dr , Asheville, NC 28805
$214,000
Est. Payment: $475.56/mo
1 Bed
1 Bath
253 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 renovated studio cottage in historic Homeland Park offers a lucrative cash-flow opportunity with a proven track record of solid rental income. Offered fully furnished and equipped as a turn-key 30-day rental, this efficient tiny home is primed for high-demand mid-term tenants, traveling medical professionals, or use as a personal Asheville crash pad. The open-concept layout features durable vinyl plank flooring, a nicely equipped kitchenette, a mini-split HVAC unit, an all-in-one washer/dryer, and a private back deck overlooking a lovely mountain setting. Perfectly situated near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, this 1930s resort gem can be purchased individually or as a dual-property investment package alongside 15 Cottage Drive (Multi-Family MLS# 4392051). Income and expense reports available upon request.

Highlights

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

Property Type

Residential

Lot/Acreage
0.06

Year Built

1930

County

Buncombe

Neighborhood

Homeland Park

Listing ID

4391836

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Microwave, Refrigerator, Washer/Dryer
Air Cond:Ductless
Fireplaces:
Floor:Vinyl
Above Ground Sq Ft:253
Below Ground Sq Ft:0
Other:
  • Additional:Open Floorplan
Water:City

Exterior Features

Zoning:RS8
Roof:Metal
Sewer:Public Sewer
Parking Features:Assigned,On Street
Principal Interest
$476
Taxes
$136

Home Price

$214,000

Loan Details

30 yrs
%

Down Payment

20%
$42,800
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:
$475.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $475.56 $136.43 $0.00 $611.98
Yearly $5,706.67 $1,637.10 $0.00 $7,343.77
Total $171,200.00 $49,113.00 $0.00 $220,313.00

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.