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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.

 

280 Old Lakey Gap Road Black Mountain NC 28711

Black Mountain, NC280 Old Lakey Gap Road

Price$895,000

Est. Mortgage: $/month

MLS Number CAR3813483

  • MultiFamily
  • MLS Status Active
  • Year Built 2002
  • Bedrooms 3
  • Square Feet 1560

Painted View Farm, for sale! Welcome to a little piece of heaven, perfectly nestled within the township of Black Mountain, Cheshire Village, Health Fitness Center and Racket Club. Walking distance to restaurants and stores. This 4.88 acre tract consists of trout streams, two homes, with a bonified, working equestrian facility. Main house is one level, very efficient, located on Old Lakey Gap Road. Nice, workshop including car lift also available. Lots of possibilities. Make this beautiful, income producing, multi family property your own... mini farm, family compound, or private estate.

Listed by Benjamin Ford of Mountain Vista Properties

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* 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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212 Ruby Avenue Black Mountain NC 28711

Black Mountain, NC212 Ruby Avenue

Price$399,900

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3809817

  • MultiFamily
  • Year Built 1915
  • Bedrooms 5
  • Square Feet 1471
  • Acreage 0.21

Incredible opportunity to own TWO HOMES less than a mile from Downtown Black Mountain. Main home is a 1915 charmer with a rocking chair front porch. Second home is a cottage. All appliances convey and all furnishings are negotiable. 10x40 garage. Live in one and rent the other or rent both. Both houses are short term rentals, currently booked month to month. Bookings into 2022. It is an investor's dream! It's making money the day it's closed on. There is a 10x40 garage on the property as well. Two bedrooms on upper level are under 7 feet ceiling height. Sold AS-IS

Listed by Marlene Clevenger of Nest Realty Asheville

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* 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 TourAsk A QuestionMore Details

Broker Reciprocity © 2022 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 January 24, 2022 3:23 PM EST . 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.