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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.

 

21 Goldmont Street Black Mountain NC 28711

Price$365,000

Est. Mortgage: $/month

MLS Number 3485055

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1963
  • Square Feet 2501

Listed $5000 below current appraisal value!! This 3 BR 1.5 bath home comes with a detached cottage for short or long term rental income or more living space. Lot is an ample .54 acres. It is walking distance to Lake Tomahawk, tennis courts, public pool and playground. Main home features a wood fireplace, large den, new flooring, new kitchen counter tile, large walk up attic and and walk down basement (at @ 6'3" high). Enjoy the large yard, cultivated garden, berries and fruit trees, coy pond, and additional out door tool shed. The additional accessory unit is a cute 1 BR 1 Bath cottage suitable for vacation or long term rentals, mother-in law suite, office or studio, w/ open living and kitchen, wood burning stove, gas monitor, and sleeping loft. Listing Agent's family owns property.

Listed by Emily Welsh of Keller Williams - Black Mtn.

$
$
%
$/month over payments
Federal 30-year interest rate: 4.28% last updated on Mar 21, 2019
* 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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19 Kate Mountain Road Black Mountain NC 28711

Price$649,000

Est. Mortgage: $/month

MLS Number 3429924

  • MultiFamily Multi-Family
  • Subdivision None

80+ acres, amazingly private mountain top with fantastic additional homesites. Live off-grid with solar power, gravity-fed spring water, 275 gal reservoir. Two impeccably maintained cabins (each private from the other) plus artist studio, large garage and workshop. One cabin is 1 bed/1 bath w/loft & wrap-around deck, long-range views. 2nd Cabin is 1bed/1 bath w/deck, overlooking open land, trout pond & large garden space. Custom woodwork throughout cabins. Internet/TV w/Vrzn. 80.64 contiguous mtn-top acres, plus 6.23 acres road frontage on NC Hwy 9. Beautiful, Broad River area, 30 minutes to Black Mountain & 30 minutes to Lake Lure.

Listed by Rosie Johnson of Asheville Sales Office

$
$
%
$/month over payments
Federal 30-year interest rate: 4.28% last updated on Mar 21, 2019
* 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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3361 and 3363 NC 9 Highway Black Mountain NC 28711

Price$339,000

Est. Mortgage: $/month

Pending

MLS Number 3437393

  • MultiFamily Multi-Family
  • Year Built 1923
  • Square Feet 7500
  • Lot Description Water view

There are two homes, two storage/workshop type buildings, one non conforming larger apt. that is in nice condition, a two bedroom home with a two care garage below it. The upper home is a rock home that was built in 1923 fronting on a creek, waterfall and small creek/spring. It is a unique property with a lot of storage type space ideal for a construction type person, woodworker or builder.

Listed by Jim Lorenz of WNCPROPERTY.COM

$
$
%
$/month over payments
Federal 30-year interest rate: 4.28% last updated on Mar 21, 2019
* 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

102 Terry Estate Black Mountain NC 28711

Price$550,000

Est. Mortgage: $/month

MLS Number 3402128

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1916
  • Square Feet 5427

Main house is a beautiful 102 yr-old farm-house in downtown Black Mountain with covered front porch and back deck. Tucked away on Terry Estate Dr, this charmer backs up to 89+ acres of Montreat College Blk Mtn Campus. Hardwood floors, 2 fireplaces, remodeled kitchen and bath on main. Walk to park, greenway trails, downtown shops, library, and restaurants. Main house 4br/3ba is owner occupied. 4 other 1br/1ba rentals (apartment in main house, cottage, and duplex) all on 1.14 acres with 0.2-0.3 acre vacant lot parcel which has year-round mountain views - zoned UR-8. Great way to have a home and rental income in town.

Listed by Rosie Johnson of Asheville Sales Office

$
$
%
$/month over payments
Federal 30-year interest rate: 4.28% last updated on Mar 21, 2019
* 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