223 Davidson Rd., Swannanoa, NC 28778

223 Davidson Rd., Swannanoa, NC 28778
Photo 1 of 28
$425,000
Beds Baths Sq. Ft. Taxes Built
2 2.00 1,349 0 2002
On the market: 31 days
Other active MLS# for this property: 4318186 4318186

Est. Monthly Payment:

$2,545($2,545 + $0 taxes*)

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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. Also listed as SFR MLS 4322798. No dedicated closet in the bedroom 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!
Listing courtesy of Anna Peddy, Preferred Properties