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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.

 

1012 Montreat Road Black Mountain NC 28711

Black Mountain, NC1012 Montreat Road

Price$800,000

Est. Mortgage: $/month

MLS Number CAR3662295

  • MultiFamily
  • MLS Status Active
  • Bedrooms 10
  • Square Feet 2166
  • Year Built 1990

Income producing property in Black Mountain on Montreat Road. Long term rental units with easy convenience to downtown shops and restaurants. Two duplexes and one stand alone rental along with a 3 bed/4 bath home which is seller owned. Rental amounts are available, require 24 hour notice to notify tenants of showings.

Listed by Byron Bailey of Keller Williams - Black Mtn.

$
$
%
$/month over payments
Federal 30-year interest rate: 2.87% last updated on Sep 17, 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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180 Yates Avenue Black Mountain NC 28711

Black Mountain, NC180 Yates Avenue

Price$425,000

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: 2.87% last updated on Sep 17, 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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103 Temple Road Black Mountain NC 28711

Black Mountain, NC103 Temple Road, Unit 3/4

Price$265,000

Est. Mortgage: $/month

Pending

MLS Number CAR3655177

  • MultiFamily
  • MLS Status Pending
  • Bedrooms 2
  • Square Feet 2060
  • Year Built 1977

Unit 3 has two bedrooms, one bath down, and Living room, Dining Area and kitchen with Laundry hook ups in Kitchen, plus screened porch. Like living in a tree house(almost) Unit 4 has the same except A studio separate from the living area, and carport under. Great rental history, roof is fairly new, split units are both newer also. Unit 3:$950.00 rent Unit 4: 1100 rent current under lease, must be honored.

Listed by Joan Russell of Russell Properties of North Carolina INC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.87% last updated on Sep 17, 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: 2.87% last updated on Sep 17, 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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324 and 326 Mccoy Cove Road Black Mountain NC 28711

Black Mountain, NC324 and 326 Mccoy Cove Road, Unit TWO Houses

Price$485,000

Est. Mortgage: $/month

MLS Number CAR3653869

  • MultiFamily
  • MLS Status Active
  • Bedrooms 4
  • Square Feet 1590
  • Year Built 1940

TWO HOUSES ON ONE PROPERTY! Charm, coziness and peace come to mind when seeing these beautiful properties! Close to vibrant Black Mountain, but set in an open green area. Remarkable opportunity for permanent residence, multi family living, investment property. Beautifully set on McCoy Cove Road, these two special homes are recently renovated and have rental history. Live in one and rent the other, rent both properties, or use the smaller dwelling for a guest cottage, studio, or additonal living space.

Listed by Rena Henderson of GreyBeard Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.87% last updated on Sep 17, 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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117/119 Second Street Black Mountain NC 28711

Black Mountain, NC117/119 Second Street

Price$441,900

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3643810

  • MultiFamily
  • Bedrooms 6
  • Square Feet 2022
  • Year Built 2017
  • Acreage 0.13

Don't miss this great investment opportunity in Black Mountain, live in one unit and rent the other or both. Both units have open floor plans with beautiful hardwood floors. Unit 117 features quartz counter tops, Unit 119 features laminate counter tops. Gas range and oven in Unit 117. Electric range and oven in Unit 119. Unit 119 has a nice covered front porch. Walkable to downtown Black Mountain. Close to schools, shopping and easy access to Asheville.

Listed by Kathy Begley of GreyBeard Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.87% last updated on Sep 17, 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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448 Verbena Lane Black Mountain NC 28711

Black Mountain, NC448 Verbena Lane

Price$797,770

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3640059

  • MultiFamily
  • Bedrooms 3
  • Square Feet 2807
  • Year Built 2009
  • Acreage 2.44

2 incredible cabins and jaw-dropping views for miles from this ultra-private vacation estate in gated Creston, near Black Mountain, NC! Property sits at the end of a cul-de-sac behind its own gate and is comprised of 3 lots (one is still available to build on). It is surrounded by 336 acres of protected land within the community, which then connects to thousands of acres of Pisgah National Forest and Foothills Land Conservancy land. Sit on the covered deck and listen to the sounds of the waterfalls down below, or even hike to them on trails in the community. Cabins are exquisitely crafted and have vaulted ceilings, lots of covered decks and patios, real stone, and board & batten siding. Ample flat parking for residents and guests. Ideally situated to be used as a private estate, escape property, or income-producing vacation rentals. Spectrum high-speed internet! Sold Furnished! Unfinished basement in guest cabin serves as a great workshop and storage area.

Listed by Scott Russell of Freestone Properties

$
$
%
$/month over payments
Federal 30-year interest rate: 2.87% last updated on Sep 17, 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$442,000

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: 2.87% last updated on Sep 17, 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.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details