2715 Greenville HWY

Flat Rock,NC 28731

$ 1550000

16 Beds

12 Baths

8148 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,148 sqft

Price per Sqft $190

MLS Listing ID 4304111

Style Traditional

Bedrooms 16

Full Baths 8

Half Baths 8

Year Built 1965

Lot Size 0.690 Acres

Property Sub-Type Apartment

Property Description

Exceptional 8-unit complex in the heart of the Village of Flat Rock, NC, offering investors a rare turnkey opportunity with over $200,000 in recent upgrades. The property includes 6 two-level townhome-style units and 2 one-level units, ideally located just minutes from Hendersonville's shops, dining, and cultural attractions. Major updates include brand-new roofs on both buildings, fresh exterior paint, new sidewalks, encapsulated crawlspaces with dehumidifiers and the complete top-to-bottom remodel of one unit showcasing the potential for additional renovations. With current rents below market rates, a new owner has a clear opportunity to increase revenue while benefiting from the security of extensive capital improvements already completed. A detailed list of additional updates—including structural repairs, drainage work, and system replacements—is available for review. Zoned to allow condominium conversion into individual tax ID units or continued operation as a rental investment, this property offers multiple exit strategies, immediate income potential, and long-term growth in one of Western North Carolina's most desirable and historic communities.

Location

State NC

County Henderson

Zoning M-F

Interior

Heating Electric

Cooling Window Unit(s)

Flooring Wood

Laundry In Unit

Exterior

Utilities Available Cable Available

Roof Type Architectural Shingle

Building

Lot Description Corner Lot,Green Area,Level,Wooded

Dwelling Type Site Built

Foundation Basement,Slab

Sewer Public Sewer

Water City

Structure Type Brick Full

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Flat Rock

High Schools East Henderson

Others

Acceptable Financing Cash,Conventional,Private

Listing Terms Cash,Conventional,Private

Special Listing Condition None

View More
Favorite Go Tour