2715 Greenville Highway, Flat Rock, NC 28731

$1,420,000
16
BD
8,148
SqFt

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Listing courtesy of George Real Estate Group Inc. noahcgeorge@gmail.com

Seller Representative George Real Estate Group Inc

Sold Price
$1,420,000
List Price
$1,550,000
Closing Date
Jan 09, 2026
Status
CLOSED
MLS#
4304111
Bedrooms
16
Full-baths
8
Half-baths
8
Living Area
8,148
Lot Size
30,056
Year Built
1965
Acres
0.69

Property Description

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.

Additional Information

Style
Traditional
Foundation
Basement, Slab
Exterior Finish
Brick Full
Parking
Driveway, Parking Space(s)
Special Conditions
None
Lot Description
Corner Lot, Green Area, Level, Wooded
Water
City
Basement
Yes
Construction
Site Built
Roof
Architectural Shingle
Heating
Electric

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Calculator source: Real Geeks

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