$1,100,000

212 & 214 Portmanvilla Road, Black Mountain, NC 28711

  • 8 beds |
  • 10 baths |
  • 4,422 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2011
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $249/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
Heartwood Realty LLC : 828-348-5720
MLS ID:
4278450
  • Appliances: DishwasherElectric OvenElectric RangeElectric Water HeaterMicrowaveRefrigerator
  • Laundry: In UnitMain Level
  • Flooring: TileWood
  • A/C: Central Air
  • Heating: Heat Pump

This listing courtesy of Heartwood Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Black Mountain Elementary School

100 Flat Creek Rd, Black Mountain, NC, 28711

Grades 4-5

0.36 miles away

O

Owen Middle School

730 Old US 70 Hwy, Swannanoa, NC, 28778

Grades 6-8

3.46 miles away

O

Owen High School

99 Lake Eden Rd, Black Mountain, NC, 28711

Grades 9-12

3.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.