$450,000
$475,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
782 SqFt
SOLD DATE : 07/17/2026
Key Details
Sold Price $450,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 782 sqft
Price per Sqft $575
Subdivision 55 South Market
MLS Listing ID 4377711
Sold Date 07/17/26
Style Contemporary
Bedrooms 1
Full Baths 1
HOA Fees $374/mo
HOA Y/N 1
Abv Grd Liv Area 782
Year Built 2019
Property Sub-Type Condominium
Property Description
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 200 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 8% after expenses and management fees, and the many positive reviews that this unit has received as an STR!
Location
State NC
County Buncombe
Zoning CENTRAL BUSIN. DIST.
Rooms
Primary Bedroom Level Main
Main Level Bedrooms 1
Interior
Heating Central
Cooling Central Air
Fireplace false
Appliance Dishwasher, Electric Range, Microwave, Washer/Dryer
Laundry In Unit, Laundry Closet
Exterior
Exterior Feature Elevator
Street Surface None,Paved
Porch Balcony
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water City
Architectural Style Contemporary
Level or Stories One
Structure Type Brick Partial,Hardboard Siding,Stone Veneer
New Construction false
Schools
Elementary Schools Asheville City
Middle Schools Asheville
High Schools Asheville
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Alison Pages • Vital Commercial Real Estate
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