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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.

 

366 Genesis, Black Mountain, NC 28711

Price$395,000

Est. Mortgage: $/month

Pending

MLS Number 3462388

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1982
  • Square Feet 3110

RENTAL INVESTMENT 4-plex in Black Mountain. Only minutes to I-40, downtown Black Mountain, Lake Tomahawk Park, Black Mountain Golf Course, and Montreat College. Well maintained. All units have washer and dryer. Good parking, easy access. Great potential.

Listed by Rosie Johnson of Asheville Sales Office

$
$
%
$/month over payments
Federal 30-year interest rate: 4.45% last updated on Jan 17, 2019
* 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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5 & 8 Cordell, Black Mountain, NC 28711

Price$749,000

Est. Mortgage: $/month

Pending

MLS Number 3397037

  • MultiFamily Multi-Family
  • Year Built 1969
  • Square Feet 3749
  • SpecialListingConditions SUBJECT TO LEASE,

This beautiful private compound is located just minutes to downtown Black Mountain. Main house, Guest house AND Garage Apartment. Level fenced yard. All homes have been nicely renovated. Lots of possibilities. Currently used as vacation rental. Great outdoor space with room to garden and entertain. Court yard with outdoor fireplace; 2-car garage apartment with covered carport . Guest house with 2 decks, cathedral ceilings and partial unfinished basement.

Listed by Chip Craig of Black Mountain Office

$
$
%
$/month over payments
Federal 30-year interest rate: 4.45% last updated on Jan 17, 2019
* 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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19 Kate Mountain, Black Mountain, NC 28711

Price$799,000

Est. Mortgage: $/month

MLS Number 3429924

  • MultiFamily Multi-Family
  • Subdivision None

Amazingly private, impeccably maintained. Live off the grid with solar power, gravity-fed spring water, 275 gal reservoir - 2 cabins (each private from the other) plus artist studio, garage and workshop. One cabin is 1 bed/1 bath w/loft & wrap-around deck, long-range views. 2nd Cabin is 1bed/1 bath w/deck, overlooking open land, trout pond & large garden space. Custom woodwork throughout cabins. Internet/TV w/Vrzn. 80.64 contiguous mtn-top acres with fantastic additional homesites, plus 6.23 acres road frontage on NC Hwy 9. Beautiful, Broad River area, 30 minutes to Black Mountain & 30 minutes to Lake Lure.

Listed by Rosie Johnson of Asheville Sales Office

$
$
%
$/month over payments
Federal 30-year interest rate: 4.45% last updated on Jan 17, 2019
* 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.

Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details

3361 NC 9, Black Mountain, NC 28711

Price$339,000

Est. Mortgage: $/month

Pending

MLS Number 3437393

  • MultiFamily Multi-Family
  • Year Built 1923
  • Square Feet 7500
  • Lot Description Water view

There are two homes, two storage/workshop type buildings, one non conforming larger apt. that is in nice condition, a two bedroom home with a two care garage below it. The upper home is a rock home that was built in 1923 fronting on a creek, waterfall and small creek/spring. It is a unique property with a lot of storage type space ideal for a construction type person, woodworker or builder.

Listed by Jim Lorenz of WNCPROPERTY.COM

$
$
%
$/month over payments
Federal 30-year interest rate: 4.45% last updated on Jan 17, 2019
* 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

42 Cotton Creek, Black Mountain, NC 28711

Price$449,900

Est. Mortgage: $/month

Pending

MLS Number 3385352

  • MultiFamily Multi-Family
  • Subdivision Cotton Creek
  • Year Built 2007
  • Square Feet 1492
  • Lot Description Level

Light-filled craftsman home in Cotton Creek! Located directly in front of Flat Creek Greenway, this home offers an easy walk to downtown Black Mountain, public schools, and BM Tailgate Market. Approximately 1492 square feet in the main house, plus 807sf in the upscale garage apartment with separate entrance. Main house has soaring ceilings, wood floors, open floor plan, and master on the main level. Upgraded appliances and countertops in main house and apartment. Great setup for AirBnb in the apartment or rent the main house while using the apartment as your Black Mountain getaway. Fenced yard. Garage opens to Casper Run (the public street behind the home). Previously leased at $2050/month to only 1 tenant (tenant used apartment as office for home-based business). Rental potential is higher if rented separately. Water not separately metered. No HOA. Recent Improvements - interior paint, decks re-stained & railings re-painted, new carpet in master bedroom, new master bath tile floor.

Listed by Scott Russell of Freestone Properties

$
$
%
$/month over payments
Federal 30-year interest rate: 4.45% last updated on Jan 17, 2019
* 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.

Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details

102 Terry, Black Mountain, NC 28711

Price$550,000

Est. Mortgage: $/month

MLS Number 3402128

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1916
  • Square Feet 5427

Main house is a beautiful 102 yr-old farm-house in downtown Black Mountain with covered front porch and back deck. Tucked away on Terry Estate Dr, this charmer backs up to 89+ acres of Montreat College Blk Mtn Campus. Hardwood floors, 2 fireplaces, remodeled kitchen and bath on main. Walk to park, greenway trails, downtown shops, library, and restaurants. Main house 4br/3ba is owner occupied. 4 other 1br/1ba rentals (apartment in main house, cottage, and duplex) all on 1.14 acres with 0.2-0.3 acre vacant lot parcel which has year-round mountain views - zoned UR-8. Great way to have a home and rental income in town.

Listed by Rosie Johnson of Asheville Sales Office

$
$
%
$/month over payments
Federal 30-year interest rate: 4.45% last updated on Jan 17, 2019
* 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.

Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details