$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.

  • Interior Details
      • 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)
  • Property Details
      • Lot FeaturesHilly, Pond(s), Wooded, Views, Waterfall - Artificial, Waterfront
      • Lot DescriptionHilly, Pond(s), Wooded, Views, Waterfall - Artificial, Waterfront
      • Exterior MaterialsLawn Maintenance, In Ground Pool, Tennis Court(s)
      • ViewMountain(s), Water
      • Pool1
    • Measurements
      • Square Feet9355
    • Parking
      • Parking FeaturesParking Lot, Parking Space(s)
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1920
    • Material information
      • FoundationBasement, Crawl Space
  • Utilities / Energy Details
      • AppliancesElectric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator
      • Sewer InformationPublic Sewer
      • Utility SourceCity
  • Community and Neighborhood Details
      • High SchoolEast Henderson
      • Elementary SchoolHillandale
      • Middle SchoolFlat Rock
      • CountyHenderson
      • ZoningR
  • Financial Details
      • Original List Price$2,848,000
      • Days on Market (Cumulative)70
      • Buying Agency Compensation3
    • HOA
      • Hoa Fees483
  • Restrictions
      • PetsYes
  • Other
      • MLS #4159877

Location

Victoria Green | Coldwell Banker RealtyReal 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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