135 & 145 Melrose Avenue
$1,000,000
Tryon, NC, 28782
singlefamily
8
8
Lot Size: 0.52 Acres
Listing Provided Courtesy of Becky Call at RE/MAX Results | 585 409-1869
ABOUT
Property Information
*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.
SPECIFICS
Property Details
Price:
$1,000,000
MLS #:
CAR4233654
Status:
Active Under Contract
Beds:
8
Baths:
8
Address:
135 & 145 Melrose Avenue
Type:
Single Family
Subtype:
Single Family Residence
City:
Tryon
Listed Date:
Mar 13, 2025
State:
NC
Finished Sq Ft:
3,686
ZIP:
28782
Lot Size:
22,651 sqft / 0.52 acres (approx)
Year Built:
1910
AMENITIES
Interior
Appliances
Dishwasher, Dryer, Oven, Refrigerator, Tankless Water Heater, Washer, Washer/ Dryer
Bathrooms
7 Full Bathrooms, 1 Half Bathroom
Cooling
Window Unit(s)
Flooring
Wood
Heating
Natural Gas, Radiant
Laundry Features
Common Area, Gas Dryer Hookup, In Basement, Washer Hookup
AMENITIES
Exterior
Construction Materials
Hardboard Siding
Parking Features
On Street
NEIGHBORHOOD
Schools
Elementary School:
Polk Central
Middle School:
Polk
High School:
Polk
FINANCIAL
Financial
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135 & 145 Melrose Avenue
Tryon, NC
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