This is a great opportunity to live in the Historic 5 Points Neighborhood, footsteps from downtown, while creating rental income with this unique 1919 arts and craft Bungalow. The location is unsurpassed. The front porch looks onto thriving downtown Asheville, while grounded in the character and charm of the highly desirable 5 Points Neighborhood. Reed Creek Greenway, yoga studios, farm-to-table restaurants, juice bars, coffee shops, Trader Joe's, Whole Foods, breweries, theaters & live music are all just a few steps away while UNC-Asheville and the Botanical Gardens are a short walk or bike ride. Walking Score 91!! There are loads of opportunities & flexibility with the layout of this property!! The Bungalow can be considered a 3/2 with bonus rooms OR a 2/1 & 1/1 (with lockable interior connections through the laundry room). The front section is a traditional 2-bedroom, 1-bath Bungalow featuring a renovated kitchen and bath with clawfoot tub; den, dining and laundry rooms (~1150 sq. ft). Homestay Permit is on file with the City of Asheville. Attached to the back of the Bungalow is a one-of-a-kind, timber framed, studio apartment with a full bath, its own separate backyard entrance, an open floor plan with bedroom, work/lounging space, small dining area and kitchenette (~425 sq. ft). One can enjoy the quaint, closed canopy backyard on the deck. In the backyard is a detached accessory structure/flex space (not included in total sq. ft)-This unit is a very eclectic space with its own small fenced-in yard and covered area (400 sq. ft heated & 160 sq. ft covered ). Live in one unit, rent one affordably to a Local and use STR income to cover your mortgage. Property is FSBO (A portion of the Buyer’s agent’s commission will be donated to Asheville Buncombe Community Land Trust). Shown by appointment only FSBOASHEVILLE@GMAIL.COM for more info.
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