tomo logo

$899,000

Beds
6
Baths
4.0
sq ft
2,264

319 State Street, Asheville, NC 28806

319 State Street

Asheville, NC 28806

  • 41 days on market
Welcome to this exceptional investment opportunity in the heart of West Asheville! This unique property features three fully renovated rental units. Located within walking distance to downtown West Asheville and the vibrant River Arts District, these units offer an unbeatable blend of urban lifestyle and community charm. Property Highlights include: Complete Renovation down to the studs in 2018, Metered for Individual Utilities, In-Unit Laundry, prime location, and fully rented. Whether you’re looking for a profitable investment or a property to call home with income potential, this triplex is a rare find in one of Asheville’s most desirable neighborhoods. Don’t miss out on this turnkey opportunity— please note, this property is currently rented. Please respect tenants' privacy. All showings will require a 24-hour notice.

Details

Property type

Single Family Residence

Est. home value

$836,087

Lot size

Unknown

Price per sq ft

$398

Year built

1948

Price History

05/24/2024
CanopyMLS

CanopyMLS #4142544

Listed
$899,000
+63.45%
08/29/2018
CanopyMLS

CanopyMLS #3415304

Sold
$550,000

Schools & Community

Elementary school: 

Asheville City

Middle school: 

Asheville

High school: 

Asheville

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$668,158
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$158,922
Cash to seller
$668,158

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Citizens Bank & Trust Co

Loan start date

June 2021

Original loan amount

$170,000

Est. remaining balance

$158,922

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Anna C Tang and Tony B Tang

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/04/2024 at 9:30 PM

Listing updated: 06/03/2024 at 11:23 PM

Listed by: Caitlyn Thompson, Ivester Jackson Blackstream Phone #: (828) 551-0447

MLS: CanopyMLS #4142544

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