$2,848,000
For Sale

1150 W Blue Ridge Road

Flat Rock, NC 28731
Browse 33 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Excellent investment rental portfolio opportunity consisting of 12 unique condominiums clustered in the Mill House Lodge Condominium complex. This property is located in the boutique mountain community of Flat Rock Village, NC. which is 3 miles from Main Street Hendersonville. Each unit has a unique floor plan and all but 2 have been updated with a curated fresh look, appliances, and come completely furnished. Can be used as long or short term rentals and HOA fees include all power, heat/ac, water, internet, cable, laundry, trash, common area maintenance and landscaping. Properties boast a low vacancy rate in a prime vacation rental area walkable to downtown Flat Rock, maximizing potential income. Units consist of eight large one bedrooms, one large two bedroom, one large three bedroom and two ample sized studios.

  • Property Details
      • AppliancesElectric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator
      • CoolingCeiling Fan(s), Central Air, Ductless, Electric, Gas, Heat Pump, Window Unit(s)
      • Cooling FeaturesCeiling Fan(s), Central Air, Ductless, Electric, Gas, Heat Pump, Window Unit(s)
      • Lot FeaturesHilly, Pond(s), Wooded, Views, Waterfall - Artificial, Waterfront
      • Lot DescriptionHilly, Pond(s), Wooded, Views, Waterfall - Artificial, Waterfront
      • Waterfront FeaturesBoat Slip – Community, Paddlesport Launch Site - Community
      • Exterior MaterialsLawn Maintenance, In Ground Pool, Tennis Court(s)
      • Parking FeaturesParking Lot, Parking Space(s)
      • FoundationBasement, Crawl Space
      • ViewMountain(s), Water
      • High SchoolEast Henderson
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Elementary SchoolHillandale
      • Original List Price$2,848,000
      • Middle SchoolFlat Rock
      • CountyHenderson
      • Property SubtypePortfolio
      • Parcel Number10008140
      • MLS #4159877
      • Cost2848000
      • MLS #4159877
      • Square Feet9355
      • Year Built1920
      • Utility SourceCity
      • Days on Market (Cumulative)163
      • Hoa Fees483
      • PetsYes
      • Pool1
      • ZoningR
      • Buying Agency Compensation3
      • Waterfront1

Location

Chris Cunningham | COMPASSReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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