108 South Justice Street

Hendersonville, NC 28739

$3,900,000
Price
12
Beds
10
Baths
9,654 Sq. Ft.
$404 / Sq. Ft.
9,654
Sq. Ft.
$404
per Sq. Ft.

Description

Location, Location, Location! An exceptional investment opportunity for prime real estate in the heart of downtown Hendersonville, NC! This rare portfolio offering is situated near the vibrant 7th Street redevelopment project, Pardee Hospital & the new Ecusta Trail. With 5 well-maintained buildings of 11 units on 1.77 acres, fully leased duplexes & 1 single-family home. This is a lucrative investment opportunity with potential for increased rental revenue through minor aesthetic enhancements, (two...Location, Location, Location! An exceptional investment opportunity for prime real estate in the heart of downtown Hendersonville, NC! This rare portfolio offering is situated near the vibrant 7th Street redevelopment project, Pardee Hospital & the new Ecusta Trail. With 5 well-maintained buildings of 11 units on 1.77 acres, fully leased duplexes & 1 single-family home. This is a lucrative investment opportunity with potential for increased rental revenue through minor aesthetic enhancements, (two units have been renovated). Additionally, the portfolio includes an extra building lot, offering expansion opportunity within the R-6 HD Zoning. Aligns with the growing demand for "missing middle" housing options, catering to individuals seeking affordable residences within a dynamic urban environment and near entertainment, retail, and healthcare amenities. This location invites both residents and investors to become part of one of NC's growing and flourishing communities.
  1. Listed by Robin Cape • EXP Realty LLC Asheville • robin@robincape.com

Property Details for 108 South Justice Street

Parking Features
Driveway

Location

Listing Courtesy of EXP Realty LLC Asheville
Add your commute
LISTING UPDATED: 03/26/2024 10:18 AM

Property Details for 108 South Justice Street

StatusActive
MLS #4121977
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Portfolio
Year Built2004
Lot Size1.77 AC / 77,101 SF
CountyHenderson County

Location

Listing Courtesy of EXP Realty LLC Asheville
Add your commute

Building Information for 108 South Justice Street

Stories-Residences-Year Built2004Building Size-Lot Size1.77 AC / 77,101 SF

Payment Calculator

$21,284 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,284

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 108 South Justice Street

Summary
Location and General Information
  • Longitude: -82.466423
  • Zoning: R-6 HD
  • Latitude: 35.31266
  • Directions: GPS works. Property is bordered by 1st Avenue West, South Justice Street and West Allen Street, 6 blocks west of Main Street.
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $1,791,800.00
  • Parcel Number: 9967196
  • City Taxes Paid To: Hendersonville
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Open Parking: No
  • Carport: No
  • Garage: No
  • Main Level Garage: No
Property
Lot Information
  • Above Grade Finished Area: 9654.0
  • Below Grade Finished Area: 0.0
  • Lot Features: Cleared, Corner Lot, End Unit, Green Area, Level, Open Lot
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction: No
  • Photos Count: 31
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community: No
  • Number Of Completed Units Total: 9
  • Plat Reference Section Pages: SLD/3812
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: County Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement
  • Road Surface Type: Concrete, Asphalt
Interior Features
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Refrigerator
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump
  • Laundry Features: In Kitchen, In Unit, Laundry Closet, Main Level
  • Foundation Details: Basement, Crawl Space
  • Basement: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Rental
Rent Information
  • Tenant Pays: All Utilities, Cable TV, Electricity, Trash Collection, Water
  • Pets Allowed: Conditional

Property History for 108 South Justice Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 108 South Justice Street

Taxable ValueLand$117,000Additions$216,900Total$333,900
Home Facts
Baths4Total Finished SqFt1,904 SqFtAbove Grade Finished SqFt1,904 SqFtStories1Lot Size13,068 SqFtStyleDuplexYear Built2004Zoning9967196~R-6CountyHENDERSONAPN9568660732

Schools near 108 South Justice Street

This home is within Henderson County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Bruce Drysdale Elementary
PublicPK to 5

Hendersonville Middle
Public6 to 8

Hendersonville High
Public9 to 12

Hendersonville Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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108 South Justice Street is a multi-family home for sale in Hendersonville, NC 28739. This property was listed for sale on March 24, 2024 by EXP Realty LLC Asheville, it's currently listed at $3,900,000. This listing's school district is Henderson County School District. Nearby schools include Bruce Drysdale Elementary, Hendersonville Middle and Hendersonville High. 108 South Justice Street is a 12-bed, 10-bath, 9,654 sqft multi-family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC Asheville

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.