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.

 

346 Genesis Circle Black Mountain NC 28711

MLS Number CAR3604968

  • MultiFamily
  • Bedrooms 8
  • Square Feet 3088
  • Year Built 1984
  • Acreage 0.4

Multi-family investment opportunity! Very well maintained and easy-to-rent fourplex with 100% occupancy conveniently located in Black Mountain. Each unit has 2 beds, 1 bath, washer, dryer, and kitchen with electric range/oven and refrigerator. Owner has done many improvements including all new windows, outdoor carpet replacement, new AC (2 units), replaced bathroom vanities, toilets, kitchen counters, kitchen sinks, and carpet (in specific units). Tenants pay all utilities. The trash is covered in annual property taxes, a portion of which go to the Town of Black Mountain for trash removal and road maintenance. Great location: only minutes to I-40, downtown Black Mountain, Lake Tomahawk Park, Black Mountain Golf Course, and Montreat College and Conference Center.

Listed by Carla Barnard of Keller Williams Professionals

$
$
%
$/month over payments
Federal 30-year interest rate: 3.33% last updated on Apr 2, 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 Joan Weaver and Charles Jones Jr of Keller Williams - Black Mtn.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.33% last updated on Apr 2, 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