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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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212 & 214 Portmanvilla Rd , Black Mountain, NC 28711
$1,100,000
Est. Payment: $2,444.44/mo
8 Bed
8 Bath
4422 Sqft
Status: Active | Days on site: 356
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13790 - awray
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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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Highlights

Listed by Alan Wray , 423-718-0076 Heartwood Realty LLC , 828-348-5720.

Property Type

Multi-Family
Lot/Acreage
0.26

Year Built

2011

County

Buncombe

Listing ID

4278450

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:6
  • ▪ 1/2 Bathrooms:4
Appliances:Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Tile,Wood
Above Ground Sq Ft:4422
Below Ground Sq Ft:0
Water:Public

Exterior Features

Lot:Green Area,Level,Wooded
Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Driveway,Parking Space(s)
Principal Interest
$2,444
Taxes
$701

Home Price

$1,100,000

Loan Details

30 yrs
%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,444.44 $701.25 $0.00 $3,145.69
Yearly $29,333.33 $8,415.00 $0.00 $37,748.33
Total $880,000.00 $252,450.00 $0.00 $1,132,450.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Black Mountain, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.