Property Attributes
- ID#4117888
- TypeMulti-Family
- CountyBUNCOMBE
- CityBlack Mountain
- AreaBuncombe County
- Zip28711
- Style
- Price$ 2,349,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3048
- Lot Size2 Acres
Data Source:
Canopy MLS
Property Description
Excellent investment opportunity combining four renovated cash flowing A-frame vacation rentals with the vacant land across totaling two acres just half a mile from Downtown Black Mountain. Neighborhood mixed use zoning allows for numerous options to increase the already excellent revenue stream. Seller has preliminary 10-lot subdivision on file w/ most due diligence already done on the land. Or, potential buyer can get creative with one of the many other residential or light commercial uses allowed for the land. The A-frame vacation rental properties are fully furnished and provisioned with hundreds of 5-star reviews on Airbnb -a super efficient turn-key business. It even includes a stocked supply shed and a service in place with a solar powered laundromat that picks up and delivers linens to make turnovers between guests a breeze. The property is walkable via greenway to town and just 1 mile from Lake Tomahawk. Property has endless potential in a growing and thriving mountain town.
Elementary School | Middle School | High School |
---|---|---|
Black Mountain Elementary School | Charles D Owen Middle School | Charles D Owen High School |
Price History | |
---|---|
3/13/2024 | Listed $2,349,000 |
General Features
Interior Features | Split Bedroom,Vaulted Ceiling(s) |
---|---|
Sewer | Public Sewer |
Heating | Ductless |
Cooling | Ductless |
Utilities | Cable Available,Electricity Connected,Wired Internet Available |
Roof | Metal |
Appliances | Dishwasher,Electric Oven,Electric Range,Exhaust Hood,Microwave,Refrigerator |
Zoning | NMU |
Construction Materials | Wood |
Pets Allowed | Yes |
Year Built | 1964 |
Tenant Pays | None |
Property SubType | Portfolio |
Elevation | 2000 |
Additional Parcels Description | 061947879700000 |
County | Buncombe |
New Construction | No |
Property Type | Residential Income |
Directions | From Asheville take I-40 East. Take Exit 64 to Black Mountain. Turn Left onto NC-9 North. Turn Right at 1st Cross Street onto Sutton Ave. Turn left onto S Ridgeway Ave. Turn Right onto E State Street |
High School | Charles D Owen |
City | Black Mountain |
Total Units | 4 |
Street Name | Flat Creek |
Elementary School | Black Mountain |
Middle/Junior High School | Charles D Owen |
Virtual Tour | https://vimeo.com/869313801 |
Standard Status | Active |
CAR_HOASubjectTo | None |
Construction Type | Site Built |
Tax Assessed Value | 801200 |
Virtual Tour | https://www.youtube.com/watch?v=8gT7ROhBeK8 |
Interior Features
Fireplace Y/N | No |
---|---|
Above Grade Finished Area | 3048 |
Full Baths | 4 |
Street Suffix | Road |
Laundry Features | Electric Dryer Hookup,Washer Hookup |
Total Bedrooms | 8 |
Exterior Features
Parking Features | Driveway |
---|---|
Water Source | City |
Lot Size Area | 2 |
Foundation Details | Slab |
Building Area Total | 3048 |
Road Surface Type | Gravel,Paved |
Lot Size Units | Acres |
Road Responsibility | Publicly Maintained Road |
Main Level Garage YN | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool