Black Mountain Income-producing Properties for Sale
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. Please don't hesitate to call or email us for more information about the listings below.
--AS IS CONDITION. Lady Ashlee Apt. 6 units, ea 870sf, 2br - 1.5ba. Gr rent: $2975 mo.Dogwood Knoll Apt. 9 units, ea 855 sf, 2 br - 1.5 ba. Gr rent $5315 mo.Lady Ashlee Apt. 6 units, ea 870sf, 2br - 1.5ba. Gr rent: $2975 mo. Maple Ridge Apt. 10 units, ea
Listing provided by FMG, Inc..
-3 apartment investment.Maple Ridge Apartments. Ten units, each 821 sf, 2br 1ba. Gross rent: $5945 monthly, $71,340 annual. Market rent: $6250 monthly, $75,000 annual.Dogwood Knoll Apartments. Nine units, each 855 sf, 2 br - 1.5 ba. Gross rent $5315 mo, $
Listing provided by FMG, Inc..
-Buyers must be prequalified/show proof of funds. No showings before discussions with owner. Very high occupancy in this well kept modernized complex of main house with 13 units. See rates attached to MLS or call list agent. Zoning OI-6 per Black Mountain
Listing provided by Keller Williams - Black Mtn..
--Lady Ashlee Apartments. Six units, each 870sf, 2br - 1.5ba. Gross rent: $2975 montly, $35,700 annual. Market rent: $3125 monthly, $37,500 annual.-Alyson Apartments. Eight units, each unit 870 sf, 2 br, 1.5 ba. Gross rent: $4760 monthly, $57,120 annual.
Listing provided by FMG, Inc..
Maple Ridge Apartments. Ten units, each 821 sf, 2br 1ba. Gross rent: $5945 monthly, $71,340 annual. Market rent: $6250 monthly, $75,000 annual.
Listing provided by FMG, Inc..
Dogwood Knoll Apartments. Nine units, each 855 sf, 2 br - 1.5 ba.
Listing provided by FMG, Inc..
Whispering Pines Apartments. Eight Units, each unit 925 sf, 2 br, 1 ba. Gross rent: $4740 monthly, $86,800 annual. Market rent: $5000 monthly, $60,000 annual.
Listing provided by FMG, Inc..
--Alyson Apartments. Eight units, each unit 870 sf, 2 br, 1.5 ba. Gross rent: $4760 monthly, $57,120 annual. Market rent: $5000 monthly, $60000 annual.
Listing provided by FMG, Inc..
-Lady Ashlee Apartments. Six units, each 870sf, 2br - 1.5ba. Gross rent: $2975 montly, $35,700 annual. Market rent: $3125 monthly, $37,500 annual.
Listing provided by FMG, Inc..
Investment opportunity. Great 4-plex, convenient to town, I-40 and Montreat. All 2 br/1ba units with range/oven, refrigerator & heat pump. Each unit has sliding glass doors to private patio or deck. Tenants pay electric & water. Excellent rental history.
Listing provided by GreyBeard Realty.
Copyright 2010 WNC Regional MLS, LLC All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the WNC Regional MLS®. Real estate listings held by brokerage firms other than Greybeard Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers.
