145 Melrose Avenue
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$1,000,000
Community: Tryon in Polk County
Thank You!
You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here
If You Have Any Other Questions, Call Us At 1(888)-247-3466
*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.
Original Listing Price:
1,000,050
MLS #: 4232611
Listing Status: Active
Days on Market: 38
Buying Firm Commission: Test
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Directions: From Spartanburg, take I-26 W. Exit 1 to Landrum. Turn left onto hwy 14. Right on hwy 176. Right on Cowan Ln. Left on Pacolet St. Right on Melrose ave. House is on left.
Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.
Property Features
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Floors: Wood
Water: City
Year Built: 1910
Roof: Shingle
Lot Description: Cleared
Basement/Foundation: Basement
Sewer: Public Sewer
Heating/Cooling: Heat Pump,Radiant
Cooling: Ceiling Fan(s),Window Unit(s)
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