For Sale $1,550,000
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.
| List Price: | $1,550,000 |
| Status: | For Sale |
| Bedrooms: | 16 |
| Type: | Apartment |
| Parking: | Driveway, Parking Space(s) |
| MLS Number: | CAR4304111 |
| Style: | Traditional |
| Lot Description: | Corner Lot, Green Area, Level, Wooded |
| Year Built: | 1965 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Flat Rock |
| High: | East Henderson |
| Date | Event | Price | $/SQFT |
| 10-26-2025 | Under Contract | $1,550,000 | N/A |
| 10-10-2025 | Listed | $1,550,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Hillandale Elementary | 1 miles | KG-05 | 7 |
| The Mountain Community Sch | 3 miles | KG-06 | 5 |
| Atkinson Elementary | 3 miles | KG-05 | 9 |
| Upward Elementary | 3 miles | KG-05 | 6 |
| Bruce Drysdale Elementary | 4 miles | KG-05 | 3 |
| Hendersonville Elementary | 4 miles | KG-05 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 2715 Greenville Highway, Flat Rock NC | 0 mi | $1,550,000 | days | |
| 20 Memminger Drive, Flat Rock NC | 0.1 mi | $665,000 | days | |
| 2688 Greenville Highway, Flat Rock NC | 0.1 mi | $650,000 | days | |
| 6 Ravenswood Road, Flat Rock NC | 0.2 mi | $440,000 | days | |
| 114 Linda Ann Drive, Flat Rock NC | 0.2 mi | $900,000 | days | |
| 19 Robert E Lee Drive, Flat Rock NC | 0.3 mi | $420,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By George Real Estate Group Inc
2715 Greenville Highway, Flat Rock NC is a ft2 on a 0.690 acres lot. This is for $1,550,000. This has 16 bedrooms, baths, and was built in 1965.
Based on information submitted to the MLS GRID as of 2025-10-10 10:11:11 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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