Fantastic six unit apartment investment opportunity! “House hack” by living in one unit while renting the other five, or enjoy passive cash flow from an asset where the heavy lifting has already been done. Peaceful location in the heart of the orchard / “agri-tourism” area of Henderson County, yet easily accessible to I-26, downtown Hendersonville (12 mins), AVL Airport (17 mins), downtown Asheville (31 mins), and major regional employers. R2R is a liberal zoning ordinance, and county taxes are comparatively low to other multi-family buildings in Western NC.
This property is further differentiated by its bedroom count… four units are 3 Bedroom / 1 Bath, one is 2 Bedroom / 1 Bath, another is 1 Bedroom / 1 Bath with a bonus room. Seller has been a diligent steward, and recent improvements include new driveway / parking, stormwater control, structural reinforcement, roof replacement, HVAC units no older than 2013, one fully-remodeled apartment unit, and another currently in progress.
Closed
$790,000
162 Allenwood Cir, Hendersonville, NC 28792
16beds
6,030sqft
Multi Family
Built in 1974
-- sqft lot
$824,500 Zestimate®
$131/sqft
$1,416 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 01, 2024 at 08:48am
Listing Provided by:
Scott Mirkin scottmirkin@kw.com,
Keller Williams Professionals,
Chris Gragtmans 864-915-5780,
Keller Williams Professionals
Bought with:
Kate Brantly
Keller Williams Professionals
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4072606

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Refrigerator
- Laundry: None
Features
- Basement: Daylight,Exterior Entry,Finished,Walk-Out Access,Walk-Up Access
Interior area
- Total structure area: 6,030
- Total interior livable area: 6,030 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 28
- Parking features: Driveway, Parking Space(s)
- Garage spaces: 14
- Uncovered spaces: 14
Lot
- Size: 0.49 Acres
Details
- Parcel number: 200726
- Zoning description: R2R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
Community & neighborhood
Location
- Region: Hendersonville
- Subdivision: Allenwood
Other
Other facts
- Road surface type: Asphalt, Paved
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$824,500