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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.

 

606 Laurel Avenue Black Mountain NC 28711

Black Mountain, NC606 Laurel Avenue, Unit 19 & 20 & PARTS of 3 & 4

Price$385,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3573403

  • MultiFamily
  • Bedrooms 4
  • Square Feet 2242
  • Year Built 1929
  • Acreage 0.4

Home & studio apartment w/rental income potential-or just more space for you and yours! Conveniently located by the Black Mountain Golf Course, 2 blocks from Lake Tomahawk, pool, tennis courts, playground & Club house, and within walking distance to downtown, on an ample .4 acre double+ lot with mature landscaping and stonework. Main home has hardwoods throughout main level, fireplace, seasonal views from master, living area, & front porch, a covered back porch, and an open feel throughout. Main level: kitchen, dining & living room, 2 bedrooms w/ an adjoining bath. Upstairs: full length attic style bedroom for 2+ with a shower/bath, study niche and walk in closets. Has walk down basement. Studio apartment has open living and kitchen area, full bath and storage. This is a special home that comes with a guest home, in a great location where you can have convenience, options for income, recreation and beauty! 12/2019 Appraisal available, seller will consider all offers!

Listed by Keller Williams - Black Mtn.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Jan 23, 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$459,900

Est. Mortgage: $/month

MLS Number CAR3556025

  • MultiFamily
  • Bedrooms 7
  • Square Feet 2718
  • Year Built 1926
  • Acreage 0.2

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 Keller Williams - Black Mtn.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Jan 23, 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

26, 13, 17 Wood Robin Lane Black Mountain NC 28711

Black Mountain, NC26, 13, 17 Wood Robin Lane

Price$575,000

Est. Mortgage: $/month

Pending

MLS Number CAR3557612

  • MultiFamily
  • Bedrooms 8
  • Square Feet 3798
  • Year Built 1999
  • Acreage 3.03

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 GreyBeard Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Jan 23, 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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2342 North Fork Right Fork Road Black Mountain NC 28711

Black Mountain, NC2342 North Fork Right Fork Road

Price$735,000

Est. Mortgage: $/month

MLS Number CAR3564735

  • MultiFamily
  • Bedrooms 5
  • Square Feet 3391
  • Year Built 1953
  • Acreage 1.53

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 GreyBeard Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Jan 23, 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 A VisitAsk A QuestionMore Details