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.

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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

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$/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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