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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.

 

115,119,120,121,123,126 Carver, Black Mountain, NC 28711

Price$499,000

Est. Mortgage: $/month

Pending

MLS Number 3315459

  • MultiFamily Multi-Family
  • Square Feet 8160
  • Modification Date 02/05/2018
  • Year Built 2006

Black Mountain investment opportunity. Property includes 5 double-wide, manufactured homes on permanent foundations (each is 4BR/2BA, approx 1632 SF) and 1 level building lot. Mountain views. Listing includes 6 addresses/PINs [see brochure]. Well maintained w/ great rental history. Conveniently located: 1.5 mi to Black Mtn, 1.5 mi to Ingles Corporate Headquarters, 6.5 mi to Warren Wilson College, & 14.5 mi to downtown Asheville.

Listed by Scott Carter of The Real Estate Center

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Black Mountain Office
204 E. State Street
Black Mountain NC, 28711
Office: 828-295-2176

Do not fill in this field:

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$
$
%
$/month over payments
Federal 30-year interest rate: 4.44% last updated on Dec 21, 2017
* 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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33 Vance, Black Mountain, NC 28711

Price$329,600

Est. Mortgage: $/month

MLS Number 3340935

  • MultiFamily Multi-Family
  • Square Feet 2530
  • Modification Date 03/29/2018
  • Year Built 1909

Opportunity to purchase a multifamily property in a walkable, in-town location in Black Mountain. ±2,530 SQFT residential building situated on 0.27 acres and consisting of five units.

Listed by Keaton Edwards of G/M Property Group

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Black Mountain Office
204 E. State Street
Black Mountain NC, 28711
Office: 828-295-2176

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.44% last updated on Dec 21, 2017
* 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

804 Montreat, Black Mountain, NC 28711

Price$549,000

Est. Mortgage: $/month

MLS Number 3323884

  • MultiFamily Multi-Family
  • Subdivision None
  • Square Feet 3866
  • Zoning Residential
  • Modification Date 04/13/2018

1.37 Acres , Nicely Located between Montreat and Downtown Black Mountain. In town Private Estate with a Pond! Great rental history. Make this special place your own family compound, Air-bnb, Vacation Rental/Rentals, And/or easily convert into duplexes, for maximum income potential. Seller is offering paid, buyers closings costs and some allowances.Main living quarters, guest home, and garage apartments. Conveniently located, easy, level access. Sidewalks leading to hiking trails, green-ways, near-by parks, and award winning public golf course. Many possibilities. Subdivide, room to build, add on. Art studio/ Workshop. Zoned UR8 (8 homes/acre),And lots of greenspace with flowing creek/Pond. Imagine off grid property.Very nice land with Southern Exposure. Income producing. Possible Mortgage pmt free and clear. A Very Nice Opportunity. No HOA fees! A Rare find. No rent increases in 11 years. Many updates.This property has a caretaker and renters, 24 hour notice is needed. Its A must see.

Listed by Benjamin Ford of Mountain Vista Properties

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Black Mountain Office
204 E. State Street
Black Mountain NC, 28711
Office: 828-295-2176

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.44% last updated on Dec 21, 2017
* 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