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.
Address
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Address: 17 Randolph Avenue, Flat Rock, North Carolina 28731
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City: Flat Rock
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State/county: NC
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Zip/Postal Code: 28731
Details
Updated on October 9, 2026 at 4:04 pm-
Property ID 4432107
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Price $899,900
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Property Size 3750 m²
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Bathrooms 4
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Year Built 1970
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Property Type None, Commercial Sale
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Property Status Active, For Sale
Additional details
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Roof Metal
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Sewer Septic Installed
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Cooling Heat Pump
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Heating Heat Pump
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County Henderson
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Property Type Commercial Sale
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Contact Information
View Listings
- The Simpson Group Realty