57 CONESTEE ST. ASHEVILLE, NC
5 bedrooms, 3 bathrooms, 3 kitchens, 2,856 sqft.
$895,000
1927 CRAFTSMAN, Walk to DOWNTOWN ASHEVILLE
Attention investors and historic home lovers! Check out this rare opportunity to acquire a popular Five Points neighborhood gem. This updated historic property has a lot of square footage under roof, offering possibilities for respite, multigenerational living, or money-making. In addition to the longer-term 3-bedroom rental, the owners have successfully operated two fully permitted short-term rental apartments with separate entrances for over a decade (Airbnb and VRBO). These apartments are being sold beautifully furnished, ensuring an easy, turn-key business. With plenty of off-street parking, it’s just a short walk to downtown Asheville, groceries, restaurants, and breweries. Near the bus line and a few blocks to UNCA’s wooded trails and Botanical Gardens! Consider making your favorite college student the resident manager. With 5 bedrooms, 3 full baths, and 3 separate kitchens, everyone has space to thrive. Prefer privacy? Easily convert it back to a spectacular single-family home.
Mint juleps on the porch, anyone?
1 HOUSE, 3 RENTALS
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Main house: 3 bedrooms, 1 bath
The main house boasts a sprawling front porch, spacious living room with a wood-burning fireplace, formal dining room with French doors, split staircase, large kitchen with butcher block counters, bathroom tiled in tumbled marble with a handmade sink, and three bedrooms.
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DOWNSTAIRS APARTMENT
With its walkable proximity to downtown, this turn-key short-term rental studio has been a favorite on Airbnb and VRBO for a decade. Sold fully furnished with tasteful antiques, a bright eat-in kitchen, and stylish decor, this dreamy garden apartment promises reliable income all year round.
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UPSTAIRS APARTMENT
A highly sought-after short-term rental with a deck, this fully furnished one-bedroom space garners 4-5K per month. Featuring unique decor, an original 1927 tub, quaint built-ins, and a glorious sunroom overlooking the garden, this popular apartment draws plenty of eager visitors.
rental income
MAIN HOUSE: LONG-TERM
$22,800/YEAR
DOWNSTAIRS APARTMENT: SHORT TERM
$24,997+/YEAR
TOTAL yearly income: $85,292.00
UPSTAIRS APARTMENT: SHORT TERM
$37,495+/YEAR
Facts & features
Interior:
• Bedrooms: 5
• Bathrooms: 3
• Full bathrooms: 3
• Kitchens: 3
• Main-level bedrooms: 1
• Total interior livable area: 2,856 sqft
• Fireplace: 1 wood-burning
• Washers/dryers: 2 sets
• Refrigerators: 3
• Furnished apartments for short-term rentals: 2
• Virtual tour: View virtual tour
