Share this with your friends
828-722-2828
Frisbee Real Estate, LLC
17 Randolph Avenue, Flat Rock, NC 28731
- $899,900
- 4
- BA
Listing courtesy of Premier Sotheby’s International Realty. 828-273-0671
- List Price
- $899,900
- MLS#
- 4432107
- Status
- ACTIVE
- Days on Market
- 1
- Property Type
- Commercial Sale
- Distressed Property
- Yes
- Year Built
- 1970
- Bathrooms
- 4
- Lot Size
- 34,412
- Lot Size Area
- 0.79
- County
- Henderson
- Special Conditions
- Subject to Lease
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.
Additional Information
- Foundation
- Crawl Space
- Heating
- Heat Pump
- Water
- Well
- Sewer
- Septic Installed
- Exterior Construction
- Brick Full, Vinyl
- Roof
- Metal
- Driveway
- Gravel, Paved
- Lot Description
- Level
Mortgage Calculator
“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”
Last Updated: