202 Bell Ave., East Flat Rock, NC 28726
Photo 1 of 1
$119,000
Sold on 4/09/20
Beds Baths Sq. Ft. Taxes Built
2 1.00 600 1940
On the market: 196 days
View full details, 15 photos, school info, and price history
2 Small Homes on 1/3 of an Acre in Ultra Convenient In-Town Location make this a Great Investment Opportunity! First home is a cute site built farmhouse styled home and 2nd home is a manufactured home, both on the same parcel. The farmhouse is a 2 bedroom 1 bathroom and the manufactured home is 1 bedroom 1 bathroom for a combined annual income of 14,000 dollars which is a 8%+ capitalization rate at listing price. Seller says that both tenants have lived here for 5+ years and are hoping to stay in place if the new owner agrees as both tenants are currently month to month. The convenient location and proximity to downtown Hendersonville makes this a great place to have an income producing property. Come see all this has to offer.
Listing courtesy of Andrew Casoria, Keller Williams Mtn Partners, LLC