33 Vance Avenue in Black Mountain, NC 28711
Closed Price $1,040,675
Community: Black Mountain in Buncombe County
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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.
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Based on information submitted to the MLS GRID as of 2023-03-27 at 1:00AM. 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.
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Directions: Located in beautiful downtown Black Mountain. GPS will get you there. Please pull into the second driveway on Spring Street and park at a numbered sign that correlates to any of the units that you will be showing.
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- High School: Charles D Owen
- Middle School: Charles D Owen
- Elementary School: Black Mountain
Find houses for sale in Black Mountain, NC from Allen Tate / Beverly-Hanks, REALTORS®. We have an office conveniently located in nearby downtown Asheville and our real estate agents are experts in the community. In addition to local expertise, all Allen Tate / Beverly-Hanks, REALTORS® are backed by an outstanding support staff and committed to the highest standards of customer service. Find a home for sale in Black Mountain that’s right for you. Continue browsing this page to see all Black Mountain, NC real estate listings.