12 Beds

10 Full baths

9,654 SqFt


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

Map View

This information is believed to be accurate, but without any warranty.