Property 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.

Property Features