Black Mountain NC Income-Producing Properties

Whether it's a duplex, triplex, or apartment building, income-producing properties in Black Mountain can provide a steady source of monthly income for the owner while building equity.  These types of properties are different from vacation rentals, as they usually involve a minimum of 6-month lease terms, and the tenants typically pay all utilities.  For a good idea of rent rates in Black Mountain, browse through our managed long-term rentals. You might also be interested in Lake Lure land or Laurel Ridge land.

Tour Black Mountain Properties

If you have questions about Black Mountain income producing properties or would like to schedule a tour, please contact Greybeard Realty, call 828.669.1072 or fill out the Visit form on any property listing.

 

4 Shady Knoll, Black Mountain, NC 28711
Pending

MLS Number 3252359

  • MultiFamily Multi-Family
  • Sale Agent Alejo Rottenberg
  • Modification Date 02/23/2017
  • Year Built 1983

Investor alert! Property has 3.1 acres, with 5 homes, one home is tenant occupied, and tenant would like to continue renting. One home has been remodeled, the other 4 could be great fixers uppers. Convenient location to the heart of Black Mountain. All homes have at least 2 bedrooms- land has plenty of space for a garden or to add a fencing. This listing also includes PIN #'s : 0609-56-7467 and 0609-66-0896.

Listing Courtesy of Beverly Hanks & Assoc. Hendersonville, 828-697-0515

Black Mountain Office
204 E. State Street
Black Mountain NC, 28711
Office: (828) 295-2176

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$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1010-1012 Montreat, Black Mountain, NC 28711

MLS Number 3225127

  • MultiFamily Multi-Family
  • Square Feet 7175
  • Lot Description Level
  • Modification Date 03/20/2017
  • SpecialListingConditions SUBJECT TO LEASE

7 UNIT RENTAL PROPERTY IN BLACK MOUNTAIN, NC. Unique residential rental property with excellent history and upside income potential. 7.25% proforma cap rate. Includes 5 two-bedroom units, 1 one-bedroom unit and a 2, 250 sf three-bedroom house. Renovations on two units just completed. Located on two tax parcels in popular Black Mountain residential area. Potential to sell house and adjoining apartment and retain other units. Conveniently located within 1 mile of center of town.

Listing Courtesy of Whitney Commercial Real Estate, 828-665-9085

Black Mountain Office
204 E. State Street
Black Mountain NC, 28711
Office: (828) 295-2176

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details