Price $500,000
Status Active
Beds 1
Baths 1 Bath
Home size 782 sqft
Lot Size n/a
Welcome to 55 South Market Street, a turnkey downtown Asheville condo designed for both effortless ownership and strong short-term rental appeal. This beautifully appointed condo is offered fully furnished and truly move-in ready, complete with all kitchen essentials, linens, and soft goods. Not a single detail has been overlooked! With over 90 five-star reviews already in hand, this property arrives with a proven track record. The seller is committed to a seamless transition, offering to help the new owner reactivate the listing and share operational know-how so you can smoothly transition from purchase to jump-starting your rental income. You'll find the unit is comfortable and inviting from the moment you step in the door. The art, decor, and furnishings invite you to relax and sink into the space. A pullout couch offers flexibility for additional guests if needed. Residents and guests enjoy access to an impressive array of common amenities including a large community kitchen and dining area, inviting outdoor seating, and grilling spaces perfect for entertaining, while secure parking provides convenient, worry-free access to your home base in the heart of it all. Step outside and find yourself immersed in everything that makes Asheville one of the most beloved cities in the Southeast, including world-class dining, live music, boutique shopping, art galleries, and the energy of a thriving downtown scene, all just steps from your front door. Whether you're seeking a personal retreat, a high-performing short-term rental, or both, this is the rare opportunity that checks every box. See attachments for pro forma showing a projected cap rate of 7.5% after expenses and management fees!
Property Type(s): Condo/Townhouse/Co-Op
Tract 55 South Market Year Built 2019
Community 55 South Market County Buncombe

SCHOOLS

Elementary School Asheville City
Jr. High School Asheville
High School Asheville

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Range, Microwave, Washer/Dryer
CONSTRUCTION Stone Veneer
HEAT Central
HOA DUES 374
INTERIOR Elevator
LOT 0
MLS STATUS Active
SEWER Public Sewer
STORIES 1
STYLE Contemporary
SUBDIVISION 55 South Market
WATER Public

Location

 

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Listed with Unique: A Real Estate Collective
Date last updated: 5/14/26 4:50 AM PDT

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