$2,700,000/mo

333 W Lake Avenue, Hendersonville, NC 28739

  • 32 beds |
  • 48 baths |
  • 15,408 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1981
  • Property Lot Size Icon1.24acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $175/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
George Real Estate Group Inc : 828-393-0134
MLS ID:
4305654
  • Rooms: Primary BedroomBedroom(s)Bathroom(s)KitchenLiving RoomLaundryUtility Room
  • Appliances: DishwasherElectric CooktopElectric Oven
  • Laundry: In Unit
  • A/C: Central Air
  • Heating: Heat Pump
  • Other Structures: BalconyFront PorchDeckCovered
  • Parking: AssignedParking LotParking Space(s)Parking spaces: 24
  • Roofing: Architectural Shingle
  • General: Site BuiltSlab
  • Road/Access: AsphaltPaved
  • Originating MLS: carolina
  • County: Henderson
  • Zoning: R-15116153
  • Water: City
  • Sewer: Public Sewer
  • Source: carolina

This listing courtesy of George Real Estate Group Inc

Location

Schools Nearby

B

Bruce Drysdale Elementary School

271 Bearcat Blvd, Hendersonville, NC, 28792

Grades PK-5

1.28 miles away

H

Hendersonville Middle School

825 N Whitted St, Hendersonville, NC, 28791

Grades 6-8

1.00 miles away

H

Hendersonville High School

1 Bearcat Blvd, Hendersonville, NC, 28791

Grades 9-12

1.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.