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.

 

180 Yates Avenue Black Mountain NC 28711

Black Mountain, NC180 Yates Avenue

Price$399,900

Est. Mortgage: $/month

MLS Number CAR3659155

  • MultiFamily
  • MLS Status Active
  • Bedrooms 4
  • Square Feet 2240
  • Year Built 2009

Listed by Kevin Toups of Keller Williams Elite Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.72% last updated on Nov 25, 2020
* 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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107 Jeanie Avenue Black Mountain NC 28711

Black Mountain, NC107 Jeanie Avenue

Price$349,000

Est. Mortgage: $/month

Pending

MLS Number CAR3654614

  • MultiFamily
  • MLS Status Pending
  • Bedrooms 5
  • Square Feet 2112
  • Year Built 2003

107 Jeanie Lane A/B is a duplex with 3 bedrooms and 2 baths upstairs, and 2 bedrooms and 1 bath downstairs. These units have been professionally managed and cared for, with long term, successful rental history dating back to 2004. Both units rent quickly when vacant, and have had several long term tenants over the years. Both units have been recently renovated - new HVAC units in 2013 and 2018 with 10 year warranties. 107B was updated in April with new paint, vinyl floor, carpet, blinds and a new oven. 107A was refreshed in 2019, in addition, a new dishwasher and oven were added in 2016. Both units have outdoor decks and washer/dryer hook-ups. No improvements needed for a new owner/investor, subject to existing leases, the property is 100% occupied. Located in Black Mountain, NC, with quick access to downtown, schools, grocery and shops, but on a quiet street and neighborhood that provides a relaxing environment for professionals and families.

Listed by Bill Roberts of GreyBeard Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.72% last updated on Nov 25, 2020
* 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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402 Montreat Road Black Mountain NC 28711

Black Mountain, NC402 Montreat Road

Price$435,400

Est. Mortgage: $/month

MLS Number CAR3556025

  • MultiFamily
  • MLS Status Active
  • Bedrooms 7
  • Square Feet 2718
  • Year Built 1926

OUTSTANDING OPPORTUNITY!!! An Incredible Home for One Family; The Ultimate In-law/Extended Family Solution; Fantastic Duplex; Income Producing Short Term Vacation Rental; B&B Potential !!! 3 bedrooms on the main level. 4 bedrooms upstairs. Over 2700 SF! This traditional style vintage beauty features modern upgrades and conveniences. Currently used as a duplex with excellent rental history. Premium location!! Walkable to downtown Black Mountain; post office, bus stop, restaurants and shops. An easy stroll to Lake Tomahawk, tennis, playground, pool and Senior Center. A short ride to the Greenway bike path. Please review the attached appraisal.

Listed by Joan Weaver and Charles Jones Jr of Keller Williams - Black Mtn.

$
$
%
$/month over payments
Federal 30-year interest rate: 2.72% last updated on Nov 25, 2020
* 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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