NOT LISTED FOR SALE

162 Allenwood Cir Hendersonville, NC 28792

16 Beds
6 Baths
6,030 Sq Ft
0.49 Acres

Last Sold January 31, 2024

Last sale price $790,000 $131 Per Sq Ft

59 Days on Market

Highlights

  • Living Room
  • 14 Car Garage
  • Walk-Up Access

About This Home

As of January 2024

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.

Last Agent to Sell the Property

Scott Mirkin

Keller Williams Professionals Brokerage Email: scottmirkin@kw.com License #324454 Listed on: 10/01/2023

Keller Williams Professionals

Co-Listed By

Chris Gragtmans

Keller Williams Professionals Brokerage Email: scottmirkin@kw.com License #293485

Last Buyer's Agent

Kate Brantly

Keller Williams Professionals License #225042

Keller Williams Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.49

Parking

  • 14 Car Garage
  • Driveway
  • 14 Open Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 6,030 Sq Ft Home
  • Living Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 6 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Natural lighting in basement

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Allenwood Subdivision

Listing and Financial Details

  • Tenant pays for all except water
  • The owner pays for water
  • Assessor Parcel Number 200726

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

14

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Sixplex
  • Year Built: 1974
  • Road Surface Type: Asphalt, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: scottmirkin@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Room Other: Bedroom(s),Bathroom(s),Kitchen,Living Room
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Owner Pays: Water
  • Has Basement: Daylight, Exterior Entry, Finished, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 16
  • Living Area: 6030

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Total Parking Spaces: 14
  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 14
  • Garage Yn: Yes
  • Open Parking Spaces: 14
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: None
  • Cooling: Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 200726
  • Zoning: R2R
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R2R

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $790,000 +1.9% $131 / Sq Ft
11/17/2023 11/17/23 Price Changed $775,000 -6.1% $129 / Sq Ft
10/01/2023 10/01/23 For Sale $825,000 -- $137 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4072606

Canopy MLS (Canopy Realtor® Association)

APN: 9599186141