12 Beds
10 Full baths
9,654 SqFt
Active
Location, Location, Location! An exceptional investment opportunity for prime real estate in the heart of downtown Hendersonville, NC! This rare portfolio offering is situated near the vibrant 7th Street redevelopment project, Pardee Hospital & the new Ecusta Trail.With 5 well-maintained buildings of 11 units on 1.77 acres, fully leased duplexes & 1 single-family home.This is a lucrative investment opportunity with potential for increased rental revenue through minor aesthetic enhancements, (two units have been renovated). Additionally, the portfolio includes an extra building lot, offering expansion opportunity within the R-6 HD Zoning.Aligns with the growing demand for "missing middle" housing options, catering to individuals seeking affordable residences within a dynamic urban environment and near entertainment, retail, and healthcare amenities. This location invites both residents and investors to become part of one of NC's growing and flourishing communities.
Property Details | ||
|---|---|---|
| Price | $3,900,000 | |
| Bedrooms | 12 | |
| Full Baths | 10 | |
| Lot Size Area | 1.77 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| MLS Sub type | Portfolio | |
| Year Built | 2004 | |
| Heating | Forced Air, Heat Pump | |
| Foundation | Basement, Crawl Space | |
| Lot Description | Cleared, Corner Lot, End Unit, Green Area, Level, Open Lot | |
| Laundry Features | In Kitchen, In Unit, Laundry Closet, Main Level | |
| Parking Description | Driveway | |
Geographic Data | ||
| Directions | GPS works. Property is bordered by 1st Avenue West, South Justice Street and West Allen Street, 6 blocks west of Main Street. | |
| County | Henderson | |
| Latitude | 35.31266 | |
| Longitude | -82.466423 | |
Address Information | ||
| Address | 108 S Justice Street, Hendersonville, NC 28792 | |
| Postal Code | 28792 | |
| City | Hendersonville | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | EXP Realty LLC Asheville | |
| Listing Office Phone | 888-584-9431 | |
| Listing Agent | Robin Cape | |
| Listing Agent Phone | 828-216-4009 | |
| Sub Agency Compensation Type | % | |
| Buyer Agency Compensation | 0 | |
| Attribution Contact | robin@robincape.com | |
| Sub Agency Compensation | 0 | |
| Buyer Agency Compensation Type | % | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
School Information | ||
| Elementary School | Unspecified | |
| Middle School | Unspecified | |
| High School | Unspecified | |
MLS Information | ||
| Days on market | 2 | |
| MLS Status | Active | |
| Listing Date | Mar 24, 2024 | |
| Listing Last Modified | Mar 26, 2024 | |
| Tax ID | 9967196 | |
| MLS # | CAR4121977 | |
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This information is believed to be accurate, but without any warranty.
