212 & 214 Portmanvilla Road, Black Mountain, NC 28711
- $1,100,000
- 8
- BD
- 4,422
- SqFt
Listing courtesy of Heartwood Realty LLC. Alan@HeartwoodAVL.com
- List Price
- $1,100,000
- MLS#
- 4278450
- Status
- ACTIVE
- Days on Market
- 389
- Property Type
- Residential Income
- Distressed Property
- Yes
- Year Built
- 2011
- Bedrooms
- 8
- Full Baths
- 6
- Half Baths
- 4
- Lot Size
- 11,325
- Lot Size Area
- 0.26
- Living Area
- 4,422
- Sq Ft Total
- 4422
- County
- Buncombe
- Special Conditions
- Subject to Lease
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.
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Additional Information
- Floor Coverings
- Tile, Wood
- Equipment
- Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Foundation
- Crawl Space
- Laundry Location
- In Unit, Main Level
- Heating
- Heat Pump
- Water
- Public
- Sewer
- Public Sewer
- Exterior Construction
- Vinyl
- Roof
- Architectural Shingle
- Parking
- Driveway, Parking Space(s)
- Driveway
- Gravel, Paved
- Lot Description
- Green Area, Level, Wooded
- Elementary School
- Black Mountain
- Middle School
- Charles D Owen
- High School
- Charles D Owen
- Total Property HLA
- 4422
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