223 Davidson RD new Save Request In-Person Tour Request Virtual Tour
Swannanoa,NC 28778
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,349 sqft
Price per Sqft $315
MLS Listing ID 4322798
Bedrooms 2
Full Baths 2
Year Built 2002
Lot Size 0.520 Acres
Property Sub-Type Single Family Residence
Property Description
Excellent Opportunity in Swannanoa!
Whether you're looking for a home that offers flexibility and extra income or a smart investment property, this versatile home fits the bill. Peaceful country setting just minutes from Warren Wilson College, scenic trails, and community parks—and only 12 minutes to both downtown Black Mountain and Asheville—this location perfectly blends convenience and charm.
The updated upper-level unit features a bright 1-bedroom, 1-bath studio layout with a cozy living area, a charming kitchen, and a private balcony off the bedroom. Furniture can stay! The lower-level unit, newly renovated and twice the size of the upper, includes a spacious bedroom and sitting area, a well-appointed kitchen with eat-in dining space, an office nook, and an updated bathroom.
Both units share a convenient laundry area with exterior access. Additional storage abounds with three separate spaces—a large two-story shed beside the home, a smaller backyard shed, and an attached storage area on the lower level.
This property can also function as a single-family residence: the interior staircase that once connected the two levels could be reinstalled, with the understanding that doing so would require reconfiguration of the bathroom and hot water heater in the lower unit. Alternatively, enjoy one level as your home while renting the other for additional income.
The current owners have provided a P&L statement for the upper unit, and the newly completed lower unit offers even greater income potential. See attached P&L for details.
Bonus: An assumable USDA loan at 2.6% (approx. $215,000 balance) offers qualified buyers the chance to step into a low-rate mortgage!
Location
State NC
County Buncombe
Zoning R1
Interior
Heating Baseboard,Ductless,Wall Furnace
Cooling Ductless
Flooring Vinyl,Wood
Laundry Common Area
Exterior
Exterior Feature Fire Pit
Utilities Available Electricity Connected
Roof Type Metal
Building
Lot Description Level,Sloped,Views
Dwelling Type Site Built
Foundation Slab
Sewer Septic Installed
Water City
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Assumable,Cash,Conventional
Listing Terms Assumable,Cash,Conventional
Special Listing Condition None