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.

 

2342 North Fork Right Fork Road Black Mountain NC 28711

MLS Number 3564735

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1953
  • Square Feet 3391

Two houses and detached studio space in beautiful, scenic Walkertown valley (North Fork Right Fork) just 3.6 miles from downtown Black Mountain's charming restaurants and shopping. The main house has a very unique style mixing rustic log cabin feel and aesthetics with modern touches such as skylights, solid surface counter tops and stainless appliances. Vaulted ceiling in the living room with log fireplace has an open and cozy feel all at the same time, with built ins for your own personal library. Large main bedroom with windows creating lots of natural light with attached bath that has stand up shower and jet tub. This house has been updated and remodeled adding square footage, new kitchen, central HVAC and main level 2 car carport. Second house is 1549SF with a large kitchen, large living space and 3br's and 2ba's with unfinished basement space with a bathroom plumbed in. Large detached studio with power and water.

Listed by Adam Johnson of GreyBeard Realty

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$/month over payments
Federal 30-year interest rate: 3.75% last updated on Nov 14, 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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26, 13, 17 Wood Robin Lane Black Mountain NC 28711

MLS Number 3557612

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1999
  • Square Feet 3798

3 houses on 3 acres, all sold together! Great income potential. Main house + 2 quaint rental cabins #17 is a 3br/2ba 864 SF. #13 is a 2br/1ba 672 SF. Cabins built in '96 have full kitchens, wood-burning fireplaces. Main house is 3br/2.5 ba w/cathedral ceilings, open plan, gas FP, sunroom, garage & beautiful perennial gardens. Cottages are remote/private from main house, shared well. North Fork Valley location offers private wooded views, winter views of the valley & the Black Mtn Range.

Listed by Rosie Johnson of GreyBeard Realty

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$/month over payments
Federal 30-year interest rate: 3.75% last updated on Nov 14, 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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402 Montreat Road Black Mountain NC 28711

Black Mountain, NC402 Montreat Road

Price$459,900

Est. Mortgage: $/month

MLS Number 3556025

  • MultiFamily Multi-Family
  • CoListAgent_MUI 28244262
  • Subdivision None
  • Year Built 1926
  • Square Feet 2718

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. Current leases must be honored. 24 hours notice to show.

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

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$
%
$/month over payments
Federal 30-year interest rate: 3.75% last updated on Nov 14, 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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100 Orchard Street Black Mountain NC 28711
Pending

MLS Number 3555528

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1951
  • Square Feet 2134

Location and charm abound in this unique downtown Black Mountain property! Perfect residential or investment property that currently houses 3 rental units. Multiple opportunities for a permanent residence, second home, vacation rentals or long term rentals. Main house with adjoining flat plus additional free standing cottage. Walk into town to the library, Cherry Street, restaurants, Swanannoa Valley Museum and Bl Mtn Center for the Arts. Also listed as SFR.

Listed by Rena Henderson of GreyBeard Realty

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$
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$/month over payments
Federal 30-year interest rate: 3.75% last updated on Nov 14, 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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1114 Montreat Road Black Mountain NC 28711
Pending

MLS Number 3504121

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1963
  • Square Feet 12172

Well-located building with incredible potential. Located in walkable Black Mountain close to Montreat . Exciting redevelopment opportunity! Well-built concrete block construction. Level to gently sloping lot. Beautiful Creek view! Sidewalks connect to downtown. THIS IS A VACANT FORMER NURSING HOME, there is no power to the facility. 23 rooms with shared bathroom, 3 private rooms with bathroom, 3 common restrooms, 3 offices, Commercial Kitchen, Laundry, common areas. Peaceful yard on beautiful flat creek. Priced to sell quickly. Please refer to Black Mountain zoning code for uses and requirements. Zoned SR-2.

Listed by Jason Burk of Whitney Commercial Real Estate

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$/month over payments
Federal 30-year interest rate: 3.75% last updated on Nov 14, 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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2167 NC 9 Highway Black Mountain NC 28711

Black Mountain, NC2167 NC 9 Highway

Price$240,000

Est. Mortgage: $/month

MLS Number 3493112

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 2014
  • Square Feet 840

Practically new, beautifully detailed, post and beam home with detached barn turned studio (not counted in sqft)! Custom built in 2014 as a primary residence and later turned into an airbnb vacation rental, this home has been meticulously maintained! The large loft overlooks the custom open floor plan where each sqft is optimized for functionality. Commute through woods on well maintained route 9 to Black Mountain or Chimney Rock/Lake Lure, ALL only 15 minute drives from your new home (Straightaway Cafe is only 3 mins). Relish the babble of YOUR 2 streams while enjoying the outdoors on one of your decks or entertaining guests around your fire pit. Make this your occasional, permanent, income or combo mountain getaway! •Furniture negotiable •2018 rent roll for main house only ($24,406) attached •Airbnb listing: https://abnb.me/ESRgw3cgwV

Listed by Wendy Dean of Keller Williams Professionals

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$
%
$/month over payments
Federal 30-year interest rate: 3.75% last updated on Nov 14, 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 Road Black Mountain NC 28711

MLS Number 3429924

  • MultiFamily Multi-Family
  • Subdivision None

86+ acres, amazingly private mountain top with fantastic additional homesites. Live off-grid with solar power, gravity-fed spring water, 275 gal reservoir. Two impeccably maintained cabins (each private from the other) plus artist studio, large 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, 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 GreyBeard Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.75% last updated on Nov 14, 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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3361 NC 9 Highway Black Mountain NC 28711

Black Mountain, NC3361 NC 9 Highway

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: 3.75% last updated on Nov 14, 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