Hendersonville · Hendersonville, NC
604 Substation Street
Hendersonville, NC · 1,032 sqft
$499,997
Reduced from $550,000
- 4Beds
- 2Baths
- 1,032SqFt
- 1952Year
- 27Days on market
About this home
2 Homes + Buildable Lot Near Downtown & Jackson Park! (short term rental opportunity)! Incredible value and versatility await less than five minutes from downtown Hendersonville. This unique 0.89-acre property features two updated homes and a separate, buildable parcel. The charming 3-bedroom, 1-bathroom main cottage boasts original hardwood floors, an expansive eat-in kitchen with abundant cabinetry, and a cozy living room with a wood-burning fireplace and built-in bookcases. Enjoy the primary bedroom spacious enough for a king bed, or unwind in the serene three-season room steps from the hot tub. A level stroll leads to the private 1-bedroom, 1-bathroom bungalow—ideal for a multi-generational family or an income-producing vacation rental, complete with a newly installed septic system. The fully fenced yard offers security for pets, while the adjacent, half-acre organic garden space serves as a prime buildable lot. With all windows and mechanical systems replaced within the last five years, this turnkey property is ready for its next chapter. Review the extensive updates list today!
Property details
- Beds
- 4
- Baths
- 2
- SqFt
- 1,032
- Lot
- —
- Year built
- 1952
- Type
- Single Family
- Days on market
- 27
- Style
- Cottage
- Heating
- Heat Pump, Kerosene, Other - See Remarks
- Cooling
- Central Air, Ductless
- Foundation
- Basement, Slab
- Flooring
- Laminate, Vinyl, Wood
Features
- Breakfast Bar
- Built-in Features
- Fire Pit
- Hot Tub
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,679/ month
- Principal & interest
- $3,096
- Property tax (~1.05%)
- $437
- Homeowners insurance
- $145
- HOA dues
- —
Down payment
$24,999 down · $474,997 financed
Income to qualify (28% rule)
~$157,712 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.