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.


1457 & 1471 Sand Branch Road Black Mountain NC 28711
Active With Contract

MLS Number CAR3705393

  • MultiFamily
  • Bedrooms 4
  • Square Feet 2214
  • Year Built 1982
  • Acreage 79.8

"Wayback Farm" provides exceptional privacy and endless opportunity as a private estate, equestrian property, organic farm, just bring your dream! The well maintained gravel road opens to 8 acres of fertile bottom land, 5 acres of gently rolling forested land & 65 acres of wooded mountain land while a bold, crystal-clear stream flows through the property and feeds 2 ponds. A custom designed, one level, cedar home sits at the center of the property with a commanding view & full southern exposure. It has a sprawling floor plan, tons of light and 1500+sqft of decking overlooking the property. This home also includes a garage and detached guest suite. West of the main house is a well-built, 6 stall hemlock horse barn with a massive loft once used as a schoolhouse and fenced paddock. A nearly finished duplex is located to the east of the main house and adjoins the 65 acres of wooded mountain land. The property is conveniently located between Black Mountain and Lake Lure.

Listed by Luiz Leonetti and Jessi Leonetti of Town and Mountain Realty

$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 2021
* 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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