103 Flat Creek Road Black Mountain, NC $ 2,349,000
103 Flat Creek Road
$ 2,349,000
Share Save

103 Flat Creek Road

Black Mountain, NC, 28711
$ 2,349,000
Bedrooms8 Baths4.0 Sq 3,048

Monthly Estimate*

$ 16,408

103 Flat Creek Road, Black Mountain, NC 28711 - Image 1
103 Flat Creek Road, Black Mountain, NC 28711 - Image 2
103 Flat Creek Road, Black Mountain, NC 28711 - Image 3
103 Flat Creek Road, Black Mountain, NC 28711 - Image 4
103 Flat Creek Road, Black Mountain, NC 28711 - Image 5
103 Flat Creek Road, Black Mountain, NC 28711 - Image 6
103 Flat Creek Road, Black Mountain, NC 28711 - Image 7
103 Flat Creek Road, Black Mountain, NC 28711 - Image 8
103 Flat Creek Road, Black Mountain, NC 28711 - Image 9
103 Flat Creek Road, Black Mountain, NC 28711 - Image 10
103 Flat Creek Road, Black Mountain, NC 28711 - Image 11
103 Flat Creek Road, Black Mountain, NC 28711 - Image 12
103 Flat Creek Road, Black Mountain, NC 28711 - Image 13
103 Flat Creek Road, Black Mountain, NC 28711 - Image 14
103 Flat Creek Road, Black Mountain, NC 28711 - Image 15
103 Flat Creek Road, Black Mountain, NC 28711 - Image 16
103 Flat Creek Road, Black Mountain, NC 28711 - Image 17
103 Flat Creek Road, Black Mountain, NC 28711 - Image 18
103 Flat Creek Road, Black Mountain, NC 28711 - Image 19
103 Flat Creek Road, Black Mountain, NC 28711 - Image 20
103 Flat Creek Road, Black Mountain, NC 28711 - Image 21
103 Flat Creek Road, Black Mountain, NC 28711 - Image 22
103 Flat Creek Road, Black Mountain, NC 28711 - Image 23
103 Flat Creek Road, Black Mountain, NC 28711 - Image 24
View a Virtual Tour

Multi-Family Home for sale in Black Mountain, NC

for $2,349,000 with 8 bedrooms and 4 full baths. This 3,048 square foot home was built in 1964 on a lot size of 2.

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.

See more

Multi-Family Active

Price

$ 2,349,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

2

Year Built

1964

Town/City

Black Mountain

County/Region

Buncombe

MLS | Web ID

4117888

Features
General
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 N
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 https://www.youtube.com/watch?v=8gT7ROhBeK8
Standard Status Active
Construction Type Site Built
Tax Assessed Value 801200
See more
Exterior
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 N
See more
Interior
Fireplace Y/N N
Above Grade Finished Area 3048
Full Baths 4
Half Baths 0
Street Suffix Road
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 8
Below Grade Finished Area 0
See more
Internal Only
Street Number 1 103
See more
* Excluded Features
List By
Mosaic Community Lifestyle Realty

Broker

Affordability Calculator

$16,408
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,408
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2091927 Elementary School
2091928 Middle School
Charles D Owen High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$2,349,000 Listed Price

Map


See all

103 Flat Creek Road, Black Mountain, NC, 28711 is a Multi-Family Home for sale at $2,349,000 with 3,048 sqft and a lot size of 2. 103 Flat Creek Road has 8 bedrooms, 4.0 baths, and was built in 1964. The property's zip code is 28711 which is in Black Mountain, NC