Nearby Schools
Black MountainElementary School
Charles D OwenMiddle School
Charles D OwenHigh School
Description
Don't miss this once-in-a-lifetime opportunity to own a 5-unit home in beautiful downtown Black Mountain! An easy walk to top restaurants, breweries, live music, & coffee shops. Or just relax & enjoy the long-range views from the expansive front porch! Each unit has its own entrance, its own bathroom, its own bedroom, its own kitchen, & its own parking. This is currently a VERY successful vacation rental with 2021 gross income of over $145k (est. of over $157k if all units had been active)! 11% Cap Rate! Each unit has its own gas meter, electric meter, & water heater. Rent all five, live in one & rent four, or live in the two upstairs units & rent the three units downstairs. All furnishings convey! Many updates were done in 2019 & 2020. New roof in 2022! Please do not go onto the property without an appointment. All showings require proof of funds or a pre-qualification letter. Don't miss a special place like this, in the PERFECT location! Contact listing agent for financials.
Location
Courtesy of: GreyBeard Realty The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Lake Real Estate, LLC nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS
Based on information submitted to the MLS GRID as of "Updated" date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website Updated: 8th February, 2023 11:26 PM (UTC)
Based on information submitted to the MLS GRID as of "Updated" date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website Updated: 8th February, 2023 11:26 PM (UTC)
