Asheville · Asheville, NC
18 Oteen Park Place
Asheville, NC · 1,124 sqft
$474,000
- 2Beds
- 2Baths
- 1,124SqFt
- 1925Year
- 1Days on market
About this home
This fully renovated duplex offers the opportunity to live in one unit and significantly offset your mortgage by renting the other. Situated just minutes from the Blue Ridge Parkway, VA Hospital, Downtown Asheville, and Black Mountain, it is perfectly positioned for convenient living. Sold turn-key with furnishings and equipment included you can move right in and immediately capitalize on the property's solid 30+ day rental history. The two identical units are thoughtfully designed with an efficient, flowing floor plan. Each unit features stylish vinyl plank flooring, living/dining area, and a beautiful kitchen complete with granite countertops, abundant workspace, storage, and a handy breakfast bar. Both bedrooms boast double closets and ensuite baths equipped with showers and extra-deep soaking tubs. For ultimate independence, each unit includes its own laundry center with storage, two efficient mini splits for customized climate control, and a dedicated parking spot out front. Outdoor living and privacy are beautifully balanced for an owner-occupant and a tenant sharing the property. Each unit features its own private backyard space to unwind, along with a clever retractable partition on the front porch that allows you to easily create privacy whenever you want it. Complete with dry storage in the basement for all your extra gear, this property is an incredible, stress-free opportunity to let your real estate investment pay for itself.
Property details
- Beds
- 2
- Baths
- 2
- SqFt
- 1,124
- Lot
- —
- Year built
- 1925
- Type
- Single Family
- Days on market
- 1
- Style
- Bungalow
- Heating
- Ductless
- Cooling
- Ductless
- Foundation
- Basement
- Flooring
- Tile, Vinyl
Features
- Breakfast Bar
- Built-in Features
- Open Floorplan
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,429/ month
- Principal & interest
- $2,935
- Property tax (~0.90%)
- $355
- Homeowners insurance
- $138
- HOA dues
- —
Down payment
$23,700 down · $450,300 financed
Income to qualify (28% rule)
~$146,973 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.