Asheville · Asheville, NC
198 Fayetteville Street
Asheville, NC · 1,195 sqft
$250,000
- 3Beds
- 2Baths
- 1,195SqFt
- 1947Year
- 55x100x55x100Lot
- 9Days on market
About this home
Nestled in a vibrant, fast-evolving neighborhood that blends classic character bungalows with modern new construction, this fixer-upper presents a rare opportunity for investors, builders, or buyers ready to bring their own vision to life. The home is in need of a full renovation, offering a blank canvas to restore its original charm or create a sleek contemporary layout.
Adding to its exceptional value, the property is flanked by an adjacent vacant lot on both sides—also currently listed for sale by the same owner. Whether you are looking for a single renovation project or an investor seeking a multi-parcel assemblage for new development, this setup offers unmatched versatility. The seller prefers to sell all three parcels together as a package deal, but individual offers on the home or lots are welcome. Bring your contractor and explore the potential!
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,195
- Lot
- 55x100x55x100
- Year built
- 1947
- Type
- Single Family
- Days on market
- 9
- Style
- Bungalow
- Heating
- Electric, Heat Pump
- Cooling
- None
- Foundation
- Crawl Space
- Flooring
- Vinyl, Wood
- View
- Mountain(s)
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,808/ month
- Principal & interest
- $1,548
- Property tax (~0.90%)
- $187
- Homeowners insurance
- $72
- HOA dues
- —
Down payment
$12,500 down · $237,500 financed
Income to qualify (28% rule)
~$77,517 / 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.