Asheville · Asheville, NC
56 Patton Avenue #306
Asheville, NC · 1,000 sqft
$650,000
- 1Beds
- 1Baths
- 1,000SqFt
- 1929Year
- 1Days on market
About this home
Own a piece of Asheville history with this premier turnkey investment opportunity. Nestled on the third floor of the iconic, Douglas Ellington-designed Art Deco S&W Building, this luxury 1-bed, 1-bath loft is a highly successful, proven short-term rental in the absolute heart of downtown. Accessible via a secure elevator, the condo beautifully marries historic character with modern urban luxury. Fall in love with the soaring raw concrete ceilings, original exposed brick accent walls, gleaming hardwood floors, and massive windows that frame downtown views. The open-concept layout flows seamlessly from the chic dining area into a fully equipped kitchen featuring granite countertops and stainless steel appliances. Walk out into Asheville’s finest dining, shopping, and entertainment—or simply take the elevator downstairs to the bustling S&W Market food hall. Fully furnished and completely turnkey, this is a rare, blue-chip asset to add to your portfolio or utilize as the ultimate downtown getaway. Transferable legal short term rental.
Property details
- Beds
- 1
- Baths
- 1
- SqFt
- 1,000
- Lot
- —
- Year built
- 1929
- Type
- Condo
- Days on market
- 1
- Style
- Modern
- Heating
- Electric, Heat Pump
- Cooling
- Heat Pump
- Foundation
- Other - See Remarks
- Flooring
- Tile, Wood
- View
- City
- HOA dues
- $303 / mo
Features
- Built-in Features
- Cable Prewire
- Open Floorplan
- Elevator
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$5,005/ month
- Principal & interest
- $4,025
- Property tax (~0.90%)
- $487
- Homeowners insurance
- $189
- HOA dues
- $303
Down payment
$32,500 down · $617,500 financed
Income to qualify (28% rule)
~$214,530 / 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.