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$899,900
Est. payment /mo
4 Baths
0.79 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type None
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4432107
Year Built 1970
Lot Size 0.790 Acres
Acres 0.79
Property Sub-Type None
Property Description
Investment opportunity in Flat Rock, NC, featuring two separate duplex buildings with a total of four residential units. All units are occupied with a strong rental history. List price represents a CAP rate of 8.7% based on 2026 expected income. Each unit offers 2 bedrooms and 1 bathroom. All units have their own dedicated carport area, with individual laundry facilities conveniently located within the carport. All four units are equipped with separate heat pump systems, three of which have been recently updated. Located less than 10 minutes from Downtown Hendersonville, the property offers convenient access to shopping, dining, employment, and everyday amenities while maintaining the appeal of the Flat Rock area. This property presents an attractive opportunity for investors looking to add a multi-unit income-producing property to their portfolio.
Location
State NC
County Henderson
Zoning R2R
Interior
Heating Heat Pump
Cooling Heat Pump
Inclusions Building, Land
Exterior
Roof Type Metal
Street Surface Gravel,Paved
Porch Deck, Patio
Building
Lot Description Level
Foundation Crawl Space
Sewer Septic Installed
Water Well
Structure Type Brick Full,Vinyl
New Construction false
Others
Senior Community false
Restrictions No Representation
Special Listing Condition Subject to Lease
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Mitch Miller • Premier Sotheby’s International Realty • 828-273-0671
Nearby School & Business
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Will Sheppard
Realtor®/Broker License ID: 312498
Realtor®/Broker License ID: 312498
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