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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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111-113 Stewart St , Hendersonville, NC 28792
$650,000
Est. Payment: $3,349.58/mo
0 Bed
4 Bath
0 Sqft
Status: active | Days on site: 0
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

113 Stewart Street: Four Units, One Property If this is your first rental property, here's what makes 113 Stewart Street worth a second look: one property, three buildings, 2,360 total square feet of heated living area, and four separate spaces that can each generate income on their own. You don't have to pick one strategy on day one. Live in one unit and rent the rest, lease all four long-term, keep one as a short-term rental for extra cash flow, or mix and match while you figure out what works for you. Main house, upper level Two bedrooms, a full bath, and a real kitchen, reached through its own private entrance so a tenant here never has to pass through the rest of the property to get home. There's a gas-log fireplace in the bedroom that can be converted back to wood-burning if a tenant or owner wants that someday, and electric heat covers the rest of the floor. Straightforward long-term lease material. Main house, ground level Also laid out as two bedrooms with a full bath, this level has its own full kitchen, a full-size side-by-side washer-dryer, and two more gas-log fireplaces that can also switch back to wood-burning. It's self-contained enough to work as its own long-term rental, an in-law suite, or a live/work space for a tenant who wants room to run something small out of the ground floor. The Writing Cottage (ADU) A freestanding building, originally built as a writing cottage, well suited to short-term rental use: it has its own kitchen with a stacked washer-dryer and a full bath, so guests can be fully self-sufficient. It sits on its own septic system, separate from the city sewer that serves the main house and garage, with the tie-in already run if a future owner wants to convert it over. Being a short walk from a restaurant and a tea room only helps here; guests notice that kind of thing when they're choosing where to book. The garage studio This one used to be a plain garage; a remodel between 2011 and 2019 turned it into a studio and put in its wiring and plumbing for the first time, along with a full bath and a kitchenette on the ground level. There's a loft above for sleeping or extra storage. Turning this into a fully self-contained fourth unit is mostly a matter of finishing out the loft, not adding new infrastructure, which makes it the value-add piece of the four. Location does some of the leasing for you The property sits just off Greenville Highway, about a three-minute walk from Flat Rock Wood Room and roughly four minutes from A Southern Cup Fine Teas and Boxwoods, with groceries and other everyday shopping just a short drive away. That's close enough to matter in a listing photo caption, and it's the kind of detail that helps both long-term tenants and short-term guests pick this property over a similar one a mile away.

Highlights

Listed by Michelle Turner , 828-365-6500 Howard Hanna Beverly-Hanks Asheville-Downtown , 828-254-7221. Canopy MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.28

Year Built

1926

County

Henderson

Listing ID

4410279

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Bar Fridge, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer, Washer/Dryer
Air Cond:Window Unit(s)
Fireplaces:
Floor:Vinyl,Wood
Below Ground Sq Ft:0
Other:City

Exterior Features

Lot:Level
Zoning:GHMU
Roof:Architectural Shingle
Sewer:Public Sewer,Septic Installed
Parking Features:Driveway,On Street
Principal Interest
$3,350
Taxes
$414

Home Price

$650,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,349.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,349.58 $414.38 $0.00 $3,763.96
Yearly $40,195.01 $4,972.50 $0.00 $45,167.51
Total $1,205,850.17 $149,175.00 $0.00 $1,355,025.17

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Hendersonville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-01T18:02:06.000Z

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