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33 Vance Avenue in Black Mountain, NC 28711

Closed On 02/08/2023. View similar properties

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Bed: 5

Bath: 5

Sq. Ft.: 2,587

Acreage: 0.27

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Closed Price $1,040,675

Community: Black Mountain in Buncombe County

Bed: 5

Bath: 5

Sq. Ft.: 2,587

Acreage: 0.27

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You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

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If You Have Any Other Questions, Call Us At 1(866)858-2257

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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.

Listed by GreyBeard Realty
Attribution: [email protected]

Original Listing Price: 1,400,000

MLS #: ‍3900595

Listing Status: Closed

Days on Market: 130

This Property has Been Viewed 180 Times

Real Estate Review for 33 Vance Avenue

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.

Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.

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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.

Disclaimer: The map service includes search results such as listings and related information provided by third parties. Beverly-Hanks makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.

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Property Features

Water: City

Year Built: 1909

Roof: Shingle

Basement/Foundation: Crawl Space

Sewer: Public Sewer

Cooling: Window Unit(s)

Floors: Linoleum,Tile,Vinyl,Wood

Garage/Carport: Driveway,Parking Space(s)

Lot Description: Level,Rolling Slope,Views

Heating/Cooling: Natural Gas,Other - See Remarks

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Schools

High School: Charles D Owen
Middle School: Charles D Owen
Elementary School: Black Mountain

Lifestyles

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.