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828-722-2828
Frisbee Real Estate, LLC
17 Randolph Avenue, Flat Rock, NC 28731
- $899,900
- 8
- BD
- 3,750
- SqFt
Listing courtesy of Premier Sotheby’s International Realty. 828-273-0671
- List Price
- $899,900
- MLS#
- 4428296
- Status
- ACTIVE
- Days on Market
- 4
- Property Type
- Residential Income
- Distressed Property
- Yes
- Year Built
- 1970
- Bedrooms
- 8
- Full Baths
- 4
- Lot Size
- 34,412
- Lot Size Area
- 0.79
- Living Area
- 3,750
- Sq Ft Total
- 3750
- County
- Henderson
- Special Conditions
- Subject to Lease
Property Description
Investment opportunity in Flat Rock, 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 two bedrooms and one bath. All units have their dedicated carport area, with individual laundry facilities conveniently within the carport. All four units are equipped with separate heat pump systems, three of which have been recently updated. 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, potential income-producing property to their portfolio.
Additional Information
- Equipment
- Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
- Foundation
- Crawl Space
- Laundry Location
- In Carport, Other - See Remarks
- Heating
- Heat Pump
- Water
- Well
- Sewer
- Septic Installed
- Exterior Construction
- Brick Full, Vinyl
- Roof
- Metal
- Parking
- Attached Carport, Driveway
- Driveway
- Concrete, Gravel, Paved
- Lot Description
- Level
- Construction Type
- Site Built
- Elementary School
- Sugarloaf
- Middle School
- Flat Rock
- High School
- East Henderson
- Total Property HLA
- 3750
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