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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.

 

206 Yates Avenue Black Mountain NC 28711

Black Mountain, NC206 Yates Avenue

Price$850,000

Est. Mortgage: $/month

MLS Number CAR3934013

  • MultiFamily
  • Bedrooms 6
  • Square Feet 2,472
  • Acreage 1.12
  • Property SubType Residential Income

Welcome to the Yates Compound! The main house has been lovingly transformed with charming design and quality craftsmanship featuring a chef's kitchen, soapstone countertops, a private primary suite tucked away on the main level, and even an office nook. The spacious, light-filled living room features a wood stove for cozy evenings. Upstairs you'll find 3 more bedrooms, a yoga/meditation room or office, and there's a hidden walk-up attic or playroom. The main level garage offers a load of space for your car and a workshop or storage. The one-bedroom dwelling above the garage features an expansive deck for exquisite sunset views, but wait there's more. Stroll down the stone path to the well-appointed tiny house! Need more studio or workshop space? There are 2 and a kiln! This is a great investment property. The garage apartment and tiny house are currently long-term rented. They have been successful short-term rentals in the past. Close to Point lookout, Youngs Ridge, and G5 Trails.

Listed by Beth Zabriskie of Homesource Realty INC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.6% last updated on Mar 23, 2023
* 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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