$425,000

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223 Davidson Road Swannanoa, NC, United States 28778

Excellent Opportunity in Swannanoa! Whether you're looking for a home that offers flexibility and extra income or a smart investment property, this versatile home fits the bill. Peaceful country setting just minutes from Warren Wilson College, scenic trails, and community parks-and only 12 minutes to both downtown Black Mountain and Asheville-this location perfectly blends convenience and charm. The updated upper-level unit features a bright 1-bedroom, 1-bath studio layout with a cozy living area, a charming kitchen, and a private balcony off the bedroom. Furniture can stay! The lower-level unit, newly renovated and twice the size of the upper, includes a spacious bedroom and sitting area, a well-appointed kitchen with eat-in dining space, an office nook, and an updated bathroom. Both units share a convenient laundry area with exterior access. Additional storage abounds with three separate spaces-a large two-story shed beside the home, a smaller backyard shed, and an attached storage area on the lower level. The current owners have provided a P&L statement for the upper unit, and the newly completed lower unit offers even greater income potential. See attached P&L for details. Bonus: An assumable USDA loan at 2.6% (approx. $215,000 balance) offers qualified buyers the chance to step into a low-rate mortgage!

Amenities

  • Bedrooms: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Year Built: 2002
  • Built in 2002
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 4318186
  • Status: Active
Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Preferred Properties of Asheville

(828) 258-2953

Get more listing details on brokerage site

Presented by Anna Peddy

  • (828) 258-2953
  • (828) 258-2953 (Office Phone)

Contact Anna Peddy

Contact Agent

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