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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.

 

233 Laurel Circle Drive Black Mountain NC 28711

Black Mountain, NC233 Laurel Circle Drive

Price$1,285,000

Est. Mortgage: $/month

MLS Number CAR4057102

  • MultiFamily
  • Bedrooms 5
  • Square Feet 2,097
  • Acreage 0.45
  • Property SubType Residential Income

Location, location, location! Just 145 steps to Lake Tomahawk Park, just at the end of your driveway. This secluded multi generational family compound sleeps 10 w/ 3 separate dwellings, entrances, and parking areas. This property has it all for your family. Cozy-up in front of the 6 natural gas fireplaces or gather around the toasty fire pit in the yard. The main house has vaulted ceilings & 2 bedrooms & 2.5 baths. In-law suite has a full kitchen w/ 2 bedrooms & 1 baths. The guest cabin has a kitchen, 1 bedroom & 1 full bath. Meander to the large flat side yard area for large RV parking or family fun yard recreation. A short stroll into Black Mountain which offers eateries, breweries, coffee shops, & shopping. Come explore this quaint mountain town w/ glorious hiking trails nearby. Use the entire property as a family compound or utilize the separate units as income properties. 1069 SF of space in the basement, ceiling heights under 7'. Total property is 5 bedroom 4.5 bath

Listed by Eddie Colley of Keller Williams - Black Mtn.

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Federal 30-year interest rate: 7.31% last updated on Sep 28, 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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