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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1055 Riverside Dr , Asheville, NC 28804
$250,000
Est. Payment: $555.56/mo
2 Bed
1 Bath
745 Sqft
Status: Closed | Days on site: 3
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372903 - R14117,ssfitzgerald
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House Description

If you've been looking for a property that combines lifestyle and a proven rental track record, this one's worth a close look. 1055 Riverside Drive has consistently delivered strong rental income over the past several years, and it's easy to see why — the location does a lot of the work for you. Step right out your door onto the greenway, which leads directly to Silverline Park on the French Broad River. From there, you're close to the future site of the Whitewater Wave, an in-stream feature currently under construction and expected to be completed by fall 2026, along with UNC Asheville, making this a natural fit for student or faculty renters, or anyone who wants easy access to campus without giving up the river-town feel of Woodfin. Pennycup Coffee is right nearby, and the growing stretch of Riverside Drive also puts Zillicoah Beer Co., Beer City Bicycles, Iron & Oak Brisket Co, and French Broad Chocolate Factory & Café within easy reach. This is a location with tremendous upside — as the Whitewater Wave and the greenway extension continue to develop, this stretch of Riverside Drive is only positioned to become more desirable. Inside, you'll find a smart, easy-to-maintain layout: an eat-in kitchen that opens to the living room, two bedrooms including a primary, and a full bath. A covered front porch overlooks the French Broad River, sitting high enough to avoid flood risk, with no reported flood damage. There's also a basement below for additional storage. The fenced-in yard rounds things out, adding privacy and everyday livability whether you're renting it out or settling in yourself. What really sets this property apart, though, is what's not visible at first glance. This house has had a genuine top-to-bottom systems overhaul, including a new roof in 2020, fully upgraded electrical circuits, new plumbing both under the house and out to the street, a French drain system, mini-split heating and cooling, and a retaining wall for added stability and peace of mind. Whether you're an investor looking for a turnkey rental with a strong history, or a buyer who wants to live minutes from the river and the park, 1055 Riverside Drive checks a lot of boxes.

Highlights

Listed by Beth Schadler , 828-523-9211 EXP Realty LLC , 888-584-9431.

Property Type

Residential

Lot/Acreage
0.18

Year Built

1927

County

Buncombe

Neighborhood

None

Listing ID

4397717

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Electric Oven, Electric Range, Refrigerator
Air Cond:Ductless
Fireplaces:
Above Ground Sq Ft:745
Below Ground Sq Ft:0
Basement:Exterior Entry,Unfinished
Other:
  • Additional:Master on Main
Water:City

Exterior Features

Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$556
Taxes
$159

Home Price

$250,000

Loan Details

30 yrs
%

Down Payment

20%
$50,000
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:
$555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $555.56 $159.38 $0.00 $714.93
Yearly $6,666.67 $1,912.50 $0.00 $8,579.17
Total $200,000.00 $57,375.00 $0.00 $257,375.00

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.