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1029 Patton St, Hendersonville, NC 28792 1029 Patton St

4 Unit Block of Flats £543,803 (£135,951/Unit) Hendersonville, NC 28792

Executive Summary

Fantastic four unit multifamily investment opportunity! “House hack” by living in one unit while renting the other three, or enjoy passive cash flow from all four one bedroom units. Site enjoys a central yet peaceful location on the fringe of downtown Hendersonville, and features two long-term (month-to-month) tenants and two fully-furnished short term rental (STR) units with proven booking history and all furnishings / FF&E included. As Asheville’s largest submarket, Hendersonville and Henderson County are very business-friendly and have been enjoying steady wealth in-migration, economic growth, employment, and real estate appreciation. Seller has been a diligent steward. Also included is a covered parking structure and a detached workshop / studio shell that was previously an additional residential unit. This is generational-quality real estate... act now!

Property Facts

Price £543,803
Price Per Unit £135,951
Sale Type Investment
No. Units 4
Property Type Residential
Property Subtype Apartment
Lot Size 0.20 AC
Building Size 2,662 SF
Number of Floors 2
Year Built 1948
Parking Ratio 1.5/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 4 - -

zoning

Zoning Code R-6 (High Density Residential. See attachments for additional info.)
R-6 (High Density Residential. See attachments for additional info.)
  • Listing ID: 33640286

  • Date on Market: 25/10/2024

  • Last Updated:

  • Address: 1029 Patton St, Hendersonville, NC 28792

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