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212 & 214 Portmanvilla Rd, Black Mountain, NC, 28711

4beds
5baths
4,422sqft
$1,100,000
$249price/sqft
$6,801/moest. monthly cost
$272,040/yrincome needed

About This Home

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.

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

6/10
Black Mountain PrimaryGrades PK-30.4 mi
6/10
Charles D Owen MiddleGrades 6-83.4 mi
7/10
Charles D Owen HighGrades 9-123.1 mi

Construction

Condition

  • Year built: 2011

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator
  • Laundry features: In Unit,Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 6
  • 1/2 bathrooms: 4

Features

  • Flooring: Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 4,422

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,422
  • Total interior livable area: 4,422 sqft

Property

Details

  • Parcel number: 061949038200000
  • Zoning: UR-8
  • Special condition: Subject to Lease

Features

  • Patio & porch: Covered,Rear Porch,Screened
  • Fencing: Partial,Privacy

Lot

  • Lot size: 0.26 Acres
  • Features: Green Area,Level,Wooded

Parking

  • Parking features: Driveway,Parking Space(s)
  • Has uncovered spaces: Yes