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.

 

103 Flat Creek Road Black Mountain NC 28711

Black Mountain, NC103 Flat Creek Road

Price$1,599,000

Est. Mortgage: $/month

MLS Number CAR4117881

  • MultiFamily
  • Bedrooms 8
  • Square Feet 3,048
  • Acreage 0.74
  • Property SubType Residential Income

Incredible opportunity to purchase four stunningly renovated and cash flowing A-frame vacation rental properties walkable to Downtown Black Mountain via greenway. Curb appeal for days and impeccably designed with a mountain-modern style. The kitchen, dining, and living room combo takes advantage of the soaring ceilings allowed by the A-frame construction, and there's an impressive spiral staircase focal point that renters adore. Each unit boasts a main level bedroom plus a loft bedroom, both with king-sized beds. There's a full bath and cozy reading nook. Lovely mountain views from the upper level windows. Fully furnished and provisioned with hundreds of 5-star reviews on Airbnb, this is a super efficient turn-key business. It even includes a stocked supply shed and a service in place with a solar powered laundromat that picks up and delivers linens to make turnovers between guests a breeze. The new owner will be able to step right in and start making excellent income immediately!

Listed by Caley Bowman of Mosaic Community Lifestyle Realty

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$
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$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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103 Flat Creek Road Black Mountain NC 28711

Black Mountain, NC103 Flat Creek Road

Price$2,349,000

Est. Mortgage: $/month

MLS Number CAR4117888

  • MultiFamily
  • Bedrooms 8
  • Square Feet 3,048
  • Acreage 2
  • Property SubType Residential Income

Excellent investment opportunity combining four renovated cash flowing A-frame vacation rentals with the vacant land across totaling two acres just half a mile from Downtown Black Mountain. Neighborhood mixed use zoning allows for numerous options to increase the already excellent revenue stream. Seller has preliminary 10-lot subdivision on file w/ most due diligence already done on the land. Or, potential buyer can get creative with one of the many other residential or light commercial uses allowed for the land. The A-frame vacation rental properties are fully furnished and provisioned with hundreds of 5-star reviews on Airbnb -a super efficient turn-key business. It even includes a stocked supply shed and a service in place with a solar powered laundromat that picks up and delivers linens to make turnovers between guests a breeze. The property is walkable via greenway to town and just 1 mile from Lake Tomahawk. Property has endless potential in a growing and thriving mountain town.

Listed by Caley Bowman of Mosaic Community Lifestyle Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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60 Tupper Road Black Mountain NC 28711

Black Mountain, NC60 Tupper Road

Price$550,000

Est. Mortgage: $/month

MLS Number CAR4115330

  • MultiFamily
  • Bedrooms 5
  • Square Feet 2,150
  • Acreage 0.18
  • Property SubType Residential Income

Welcome to this lovely home tucked away in the beautiful Ridgecrest neighborhood. This home has the potential to be a wonderful home for your big family or your multi generational family. This home could also be easily separated to have as a duplex investment or a home share situation. This home features 5 bedrooms and 2 bonus rooms/ 4 full baths and 2 separate kitchens (one on the main level and one on the second floor). Featuring an extensive screened in porch along the side of the home. This nicely updated home is waiting for you! 3 bedrooms/2 full baths and kitchen on the main floor/2 bedroom plus 2 bonus rooms/2 full baths and kitchen on the 2nd floor with separate outside access.

Listed by Michelle Riggs of Keller Williams - Black Mtn.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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101 Center Avenue Black Mountain NC 28711

Black Mountain, NC101 Center Avenue

Price$1,200,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR4108565

  • MultiFamily
  • Bedrooms 5
  • Square Feet 3,836
  • Acreage 0.21
  • Property SubType Residential Income

Nearly new Energy Star Certified duplex homes located in the heart of Black Mountain. Looking for a income producing property - live in one while renting out the other - great layout for multigenerational living. Luxurious finishes throughout both homes. The main home features 2 primary bedrooms with en-suite baths and custom tiled showers, walk-in closets, vaulted ceilings and convenient laundry access. The open concept main living area features large windows to take in the year round mountain views and a functional modern kitchen, all opening to a rear deck great for entertaining. The lower level has 3rd bedroom and family room allowing many possibilities with private entrance. The second home features polished cement floors, big windows allowing an abundance of light and wood vaulted ceilings. Open concept living area which opens to a large rear patio, 2 bedrooms and 2 full bathrooms along with a laundry closet complete this beautiful home. Property includes a Tesla charging unit.

Listed by Ruth Watts of Seller Solutions

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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520,536,538,540,648 Roaring Rock Road Black Mountain NC 28711

MLS Number CAR4107158

  • MultiFamily
  • Bedrooms 6
  • Acreage 13.53
  • Property SubType Residential Income

Mountain Breeze Cabins consist of 4 short term rental cabins and 1 long term rental (caretakers cottage), on 13.5+/- acres. All the homes have been designed and built by the participating craftsman/owner over the past 38 years. It is a special retreat on the top of a mountain with long range views and room for future expansion. An avid sailor, the owner is retiring to the Caribbean and is offering this opportunity to the right prospect to grow and prosper with its historical cash flow. Each home is unique in design, built with quality materials to sustain long term use and carry the richness of hardwoods floors, ceramic tiles, custom crafted cabinets, T&G wall paneling, wooden interiors walls, tiled baths, some with cast iron tubs, quality appliances and furnishings with simplicity of use and maintenance. The 3 larger cabins have hot tubs, 2 have fire pits. All have mini split heat and air units installed and have either wood stoves or gas heaters for supplemental heat.

Listed by Ben Graham of Realty ONE Group Pivot Hendersonville

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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233 Laurel Circle Drive Black Mountain NC 28711

MLS Number CAR4057102

  • MultiFamily
  • Bedrooms 5
  • Square Feet 2,097
  • Acreage 0.45
  • Property SubType Residential Income

Location is the perfect embodiment in this exceptional property directly across from Lake Tomahawk. Situated in the heart of convenience and charm, this residence is not just a home but a destination for multi-generational living, family compounds, and memorable gatherings providing a lifestyle of leisure & exploration. Whether it's morning walks around the lake, picnics in the park, or a simple walk into town, every day promises moments of tranquility & connection. W/ a spacious layout & a guest cottage, there's ample room for everyone to find their own slice of comfort & privacy. From shared meals in the open kitchen to evenings spent around the fireplace, every space invites togetherness & warmth. Beyond the bounds of the property, the town is within walking distance, offering a wealth of amenities, shops, & dining options. Convenience meets community as you explore the quaint streets & vibrant energy that define this beloved town. Make this exceptional property your own.

Listed by Eddie Colley of Keller Williams - Black Mtn.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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 TourAsk A QuestionMore Details

Broker Reciprocity © 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of April 15, 2024 5:45 AM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.