Address
108 S Justice Street, Hendersonville, NC
Price
$ 3,900,000
Property Attributes
  • ID#4121977
  • TypeMulti-Family
  • CountyHENDERSON
  • CityHendersonville
  • AreaHenderson County
  • Zip28792
  • Style
  • Price$ 3,900,000
  • Bedrooms12
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage9654
  • Lot Size1.77 Acres
Data Source:
Canopy MLS
Property Description

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.

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
3/24/2024 Listed $3,900,000

General Features

Sewer County Sewer
Heating Forced Air,Heat Pump
Cooling Central Air,Heat Pump
Appliances Dishwasher,Electric Oven,Electric Range,Electric Water Heater,ENERGY STAR Qualified Refrigerator
Zoning R-6 HD
Construction Materials Fiber Cement
Pets Allowed Conditional
Year Built 2004
Tenant Pays All Utilities,Cable TV,Electricity,Trash Collection,Water
Property SubType Portfolio
County Henderson
New Construction No
Property Type Residential Income
Directions GPS works. Property is bordered by 1st Avenue West,South Justice Street and West Allen Street,6 blocks west of Main Street.
High School Unspecified
City Hendersonville
Total Units 9
Street Name Justice
Elementary School Unspecified
Middle/Junior High School Unspecified
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 1791800

Interior Features

Above Grade Finished Area 9654
Full Baths 10
Street Suffix Street
Laundry Features In Kitchen,In Unit,Laundry Closet,Main Level
Total Bedrooms 12
Number Of Completed Units Total 9

Exterior Features

Parking Features Driveway
Lot Features Cleared,Corner Lot,End Unit,Green Area,Level,Open Lot
Water Source City
Lot Size Area 1.77
Foundation Details Basement,Crawl Space
Building Area Total 9654
Road Surface Type Concrete,Asphalt
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 28792

Price
AVG $2.09M
$3.9M
Visits
AVG 92
150
Data Provided by Inside Real Estate®
Year Built
AVG 1978
2004

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