1055 Riverside Drive, Asheville, NC 28804

$250,000
2
BD
1
BA
745
SqFt

Show Photos

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Listing courtesy of EXP Realty LLC. beth@livinginasheville.com

List Price
$250,000
MLS#
4397717
Status
ACTIVE UNDER CONTRACT
Days on Market
16
Property Type
Residential
Year Built
1927
Bedrooms
2
Bathrooms
1
Full Baths
1
Lot Size
7,840
Lot Size Area
0.18
Living Area
745
Sq Ft Total
745
County
Buncombe
Subdivision
No Neighborhood
Special Conditions
None

Property Description

If you've been looking for a property that combines lifestyle and a proven rental track record, this one's worth a close look. 1055 Riverside Drive has consistently delivered strong rental income over the past several years, and it's easy to see why — the location does a lot of the work for you. Step right out your door onto the greenway, which leads directly to Silverline Park on the French Broad River. From there, you're close to the future site of the Whitewater Wave, an in-stream feature currently under construction and expected to be completed by fall 2026, along with UNC Asheville, making this a natural fit for student or faculty renters, or anyone who wants easy access to campus without giving up the river-town feel of Woodfin. Pennycup Coffee is right nearby, and the growing stretch of Riverside Drive also puts Zillicoah Beer Co., Beer City Bicycles, Iron & Oak Brisket Co, and French Broad Chocolate Factory & Café within easy reach. This is a location with tremendous upside — as the Whitewater Wave and the greenway extension continue to develop, this stretch of Riverside Drive is only positioned to become more desirable. Inside, you'll find a smart, easy-to-maintain layout: an eat-in kitchen that opens to the living room, two bedrooms including a primary, and a full bath. A covered front porch overlooks the French Broad River, sitting high enough to avoid flood risk, with no reported flood damage. There's also a basement below for additional storage. The fenced-in yard rounds things out, adding privacy and everyday livability whether you're renting it out or settling in yourself. What really sets this property apart, though, is what's not visible at first glance. This house has had a genuine top-to-bottom systems overhaul, including a new roof in 2020, fully upgraded electrical circuits, new plumbing both under the house and out to the street, a French drain system, mini-split heating and cooling, and a retaining wall for added stability and peace of mind. Whether you're an investor looking for a turnkey rental with a strong history, or a buyer who wants to live minutes from the river and the park, 1055 Riverside Drive checks a lot of boxes.

Additional Information

Equipment
Electric Oven, Electric Range, Refrigerator
Foundation
Basement
Main Level Rooms
Primary Bedroom, Bedroom(s), Bathroom-Full, Kitchen, Living Room
Basement
Yes
Laundry Location
In Bathroom
Heating
Heat Pump
Water
City
Sewer
Public Sewer
Exterior Construction
Wood
Roof
Architectural Shingle
Parking
Driveway
Driveway
Concrete, Paved
Construction Type
Site Built
Elementary School
Woodfin/Eblen
Middle School
Clyde A Erwin
High School
Clyde A Erwin
Total Property HLA
745
Master on Main Level
Yes

Mortgage Calculator

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Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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