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333 W Lake Avenue, Hendersonville, NC 28739

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For Sale

$2,700,000

32 beds • 16 baths • 32 half baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 41-50 Years Old
    Age

Explore this Property

Rare offering just one mile from downtown Hendersonville-this exceptional 16-unit multifamily complex presents an outstanding investment opportunity combining location, quality construction, and long-term stability. Built and meticulously maintained by the original owner/developer, the property reflects pride of ownership and consistent care throughout. Consisting of two well-designed buildings, each thoughtfully constructed for functionality and ease of management, the complex features sixteen 2-bedroom, 1.5-bathroom units that provide comfortable living spaces ideal for long-term tenants. Each unit offers spacious interiors, well-equipped kitchens, and private outdoor areas, creating a desirable residential experience in a highly convenient setting. The property is fully connected to city water and city sewer and provides ample parking for residents and guests. Its prime location-just one mile to downtown Hendersonville's vibrant shops, restaurants, and amenities-enhances tenant appeal and ensures continued demand. With consistent occupancy, low turnover, and a strong rental history, this is a truly turnkey investment opportunity in one of Western North Carolina's most desirable and stable markets. The owner's commitment to proactive maintenance and long-term quality is evident in every detail, making this a solid, income-producing property ready for its next chapter. Rarely do opportunities of this caliber-offering strong fundamentals, excellent parking, city utilities, and close proximity to downtown-come available. This 16-unit complex represents a legacy asset in a thriving market, ideal for investors seeking a high-quality, well-located multifamily holding in Hendersonville.
MLS# 4305654

Courtesy Of George Real Estate Group Inc

(828) 393-0134

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Deck, Porch
  • Appliances
    Dishwasher
  • Lot Size
    1.24 Acres

Map and Directions

Directions to 333 W Lake Avenue, Hendersonville, NC 28739

Home seller CENTURY 21 Mountain Lifestyles

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Mountain Lifestyles

(828) 692-8275
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.