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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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56 Patton Ave Unit 306 , Asheville, NC 28801
$650,000
Est. Payment: $1,444.44/mo
1 Bed
1 Bath
1000 Sqft
Status: Under Contract-Show | Days on site: 24
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NCM10050 - jpsmith,toddjk
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House Description

Own a piece of Asheville history with this premier turnkey investment opportunity. Nestled on the third floor of the iconic, Douglas Ellington-designed Art Deco S&W Building, this luxury 1-bed, 1-bath loft is a highly successful, proven short-term rental in the absolute heart of downtown. Accessible via a secure elevator, the condo beautifully marries historic character with modern urban luxury. Fall in love with the soaring raw concrete ceilings, original exposed brick accent walls, gleaming hardwood floors, and massive windows that frame downtown views. The open-concept layout flows seamlessly from the chic dining area into a fully equipped kitchen featuring granite countertops and stainless steel appliances. Walk out into Asheville’s finest dining, shopping, and entertainment—or simply take the elevator downstairs to the bustling S&W Market food hall. Fully furnished and completely turnkey, this is a rare, blue-chip asset to add to your portfolio or utilize as the ultimate downtown getaway. Transferable legal short term rental.

Highlights

Listed by Julie Smith , 828-215-3393 and Todd Kaderabek , 828-215-3393 Howard Hanna Beverly-Hanks Asheville-Downtown , 828-254-7221.

Property Type

Condo/Townhome

HOA Fee

303.49 Monthly

Year Built

1929

County

Buncombe

Neighborhood

S & W Condominium

Listing ID

4394114

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Air Cond:Heat Pump
Fireplaces:
Floor:Tile,Wood
Above Ground Sq Ft:1000
Below Ground Sq Ft:0
Other:
  • Additional:Built-in Features, Cable Prewire, Open Floorplan, Master on Main
Water:City

Exterior Features

Lot:Views,Other - See Remarks
Zoning:CBD
Roof:Rubber,Other - See Remarks
Others:
  • Additional:Elevator
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,444
Taxes
$414
HOA
$303

Home Price

$650,000

Loan Details

30 yrs
%

Down Payment

20%
$130,000
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:
$1,444.44

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,444.44 $414.38 $303.49 $2,162.31
Yearly $17,333.33 $4,972.50 $3,641.88 $25,947.71
Total $520,000.00 $149,175.00 $109,256.40 $778,431.40

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.