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.
Closed
Zillow last checked:
Listing updated:
Bought with:
Tim Robison
Century 21 Mountain Lifestyles/S. Hend
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4304111
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Sold | $1,420,000-8.4%$174/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4304111 Report a problem | ||
| 9/19/2025 | Listed for sale | $1,550,000$190/sqft |
Source: Canopy MLS as distributed by MLS GRID #4304111 Report a problem | ||
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