8 beds | 7.5 baths | #4233654
Description
*RARE INCOME PRODUCING HISTORICAL HOME IN TRYON!* Discover a rare investment opportunity in the heart of Tryon, NC where historic elegance meets modern cash flow. Nestled just steps from downtown, 145 Melrose offers 5,722 sq ft of beautifully renovated living space across two distinct buildings—a grand 1910 built main house & a charming detached cottage—now configured as six upscale, long-term rental apartments. Fully leased at $8,350/mo ($100,200/yr), this turnkey property delivers immediate income with room to grow. Step into a world of timeless appeal: the main residence boasts a wraparound porch, hardwood floors, & soaring ceilings, thoughtfully divided into 4 spacious units. The adjacent cottage adds 2 more, each w/ private entrances & modern upgrades. Set on a lush 0.52-acre lot w/ manicured gardens, this compound radiates curb appeal & versatility. Centrally located between Asheville, Charlotte, Greenville & Spartanburg - less than 1 hour to AVL & GSP & >2 hours to CLT airports.
Property Details
- AppliancesDishwasher, Dryer, Oven, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer
- Basement DescriptionApartment, Finished, Partially Finished, Storage Space, Walk-Out Access
- Property SubtypeSingle Family Residence
- CoolingWindow Unit(s)
- Cooling FeaturesWindow Unit(s)
- Sewer InformationPublic Sewer
- Elementary SchoolPolk Central
- Original List Price$1,000,000
- Parking FeaturesOn Street
- Property TypePurchase
- FoundationBasement
- Lot FeaturesCleared
- Lot DescriptionCleared
- MLS #4233654
- Cost1000000
- Parcel NumberT11-A25
- MLS #4233654
- SubdivisionOther
- Year Built1910
- Utility SourceCity
- Middle SchoolPolk
- High SchoolPolk
- CountyPolk
- Bathrooms7.5
- Days on Market (Cumulative)19
- Bedrooms8
- Full Baths7
- Half Baths1
- Stories2
- Basement1
- Basement Finished1
- ZoningM
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-03-14 09:03:15. 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. Some IDX listings have been excluded from this website.
Last Updated: . Source: CANOPY
Listing Courtesy
Listing Agent: Becky Call (#CARR16110), Email: beckycallrealestate@gmail.com
Listing Office: RE/MAX Results (#CARNCM21200)
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