Rare multi-family investment opportunity in popular Black Mountain! Easy access to all the nearby amenities: historic downtown district with local restaurants, shops, and breweries, Lake Tomahawk Park, Black Mountain Golf Club, and ample opportunities for outdoor recreation. Plus, just a short 20-minute drive to neighboring Asheville. This offering consists of four total units in two buildings, each designed as a side-by-side townhouse-style duplex with individual entrances. Units in #214 are 2 bedrooms and 2.5 baths; units in #212 are 2 bedrooms and 1.5 baths; each unit has its own utility meters, laundry, and private outdoor space. Meticulously maintained by the same owners for over a decade, this property is a turnkey investment opportunity in a beautiful area. Consistent rental history with long-term tenants & minimal turnover. Currently, there are 12-month leases in place for three of the units, and a month-to-month lease for the fourth. Additional details available upon request.
Active
$1,100,000
212 & 214 Portmanvilla Rd, Black Mountain, NC 28711
4beds
4,422sqft
Est.:
Quadruplex
Built in 2011
-- sqft lot
$1,059,400 Zestimate®
$249/sqft
$-- HOA
What's special
Side-by-side townhouse-style duplexOwn utility metersIndividual entrancesPrivate outdoor space
- 107 days |
- 136 |
- 6 |
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