$450,000

$475,000 5.3%

Est. payment - /mo

1 Bed

1 Bath

782 SqFt

UPDATED:

Key Details

Sold Price $450,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 782 sqft

Price per Sqft $575

Subdivision 55 South Market

MLS Listing ID 4377711

Style Contemporary

Bedrooms 1

Full Baths 1

HOA Fees $374/mo

Year Built 2019

Property Sub-Type Condominium

Property Description

Welcome to 55 South Market Street, a turnkey downtown Asheville condo designed for both effortless ownership and strong short-term rental appeal. This beautifully appointed condo is offered fully furnished and truly move-in ready, complete with all kitchen essentials, linens, and soft goods. Not a single detail has been overlooked! With over 200 five-star reviews already in hand, this property arrives with a proven track record. The seller is committed to a seamless transition, offering to help the new owner reactivate the listing and share operational know-how so you can smoothly transition from purchase to jump-starting your rental income. You'll find the unit is comfortable and inviting from the moment you step in the door. The art, decor, and furnishings invite you to relax and sink into the space. A pullout couch offers flexibility for additional guests if needed. Residents and guests enjoy access to an impressive array of common amenities including a large community kitchen and dining area, inviting outdoor seating, and grilling spaces perfect for entertaining, while secure parking provides convenient, worry-free access to your home base in the heart of it all. Step outside and find yourself immersed in everything that makes Asheville one of the most beloved cities in the Southeast, including world-class dining, live music, boutique shopping, art galleries, and the energy of a thriving downtown scene, all just steps from your front door. Whether you're seeking a personal retreat, a high-performing short-term rental, or both, this is the rare opportunity that checks every box. See attachments for pro forma showing a projected cap rate of 8% after expenses and management fees, and the many positive reviews that this unit has received as an STR!

Location

State NC

County Buncombe

Zoning CENTRAL BUSIN. DIST.

Interior

Heating Central

Cooling Central Air

Laundry In Unit, Laundry Closet

Exterior

Exterior Feature Elevator

Building

Foundation Slab

Sewer Public Sewer

Water City

Structure Type Brick Partial,Hardboard Siding,Stone Veneer

New Construction false

Schools

Elementary Schools Asheville City

Middle Schools Asheville

High Schools Asheville

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Read Less Info

Listed by Heidi DuBose • Unique: A Real Estate Collective • heididubose@uniquecollective.us
Bought with Alison Pages • Vital Commercial Real Estate

NEARBY SCHOOLS & PROPERTIES

Kimberly Howell

License ID: 302115

+1(704) 699-2600 | kimberlyhowellrealtor@gmail.com

55 S Market ST #213 Asheville, NC 28801