$745,000
$789,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
7 Baths
1.35 Acres Lot
SOLD DATE : 07/24/2025
Key Details
Sold Price $745,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4260161
Sold Date 07/24/25
Year Built 1960
Lot Size 1.350 Acres
Acres 1.35
Lot Dimensions 9999x
Property Sub-Type Special Purpose
Property Description
Great opportunity for investment in the quaint town of Laurel Park. This building features 7 units with a solid rental history, overlooking a small lake on property. Laurel Park features several walking/hiking trails, has Rhododendron Lake nature park, is just minutes to Main St. in Hendersonville/I-26 & is known for Jump Off Rock at the top of the mountain! This property did suffer some water intrusion to 3 of the units as a result of Hurricane Helene, however all units were rented prior to the storm. Some mitigation was completed however there is additional work to be done to those units. Currently two tenant occupied units & seeking tenants for two additional units. Electricity is separately metered & community laundry facilities are on site. Basement unit (#7) previously rented as a 2 bed, however they are not legal bedrooms due to lack of egress. See property Video here: https://video-playback.web.app/GUsTlmOYp0000uEuwpof00M962TgKyI00E02H2U01qGLPeFTo Also listed at MLS#4260151
Location
State NC
County Henderson
Zoning R-20
Rooms
Basement Apartment, Daylight, Walk-Out Access
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Flooring Carpet, Vinyl, Wood
Appliance Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Exterior
Utilities Available Electricity Connected
Waterfront Description None
Street Surface Paved
Porch Balcony, Covered
Total Parking Spaces 7
Building
Lot Description Pond(s), Creek/Stream, Views
Foundation Basement
Sewer Public Sewer
Water City
Structure Type Aluminum,Brick Partial,Wood
New Construction false
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Subject to Lease
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Joe Scott • Keller Williams Professionals
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