Description
Successful short-term rental property in downtown Black Mountain! The original home has been converted into five distinct units, each with its own private entrance & dedicated parking. This property has the charm and character of a historic home, with many modern updates. Every space you enter is comfortable & inviting, with good natural light. Guests enjoy relaxing in the rocking chairs on the front porch & strolling into downtown Black Mountain to dine and shop at all the local establishments. With great reviews, plenty of repeat guests, and many longer bookings, this property is an investor’s dream. Offered fully furnished, with a dedicated housekeeping staff that would love the opportunity to stay on board. This is truly a turnkey opportunity for someone interested in taking over an established business in a popular area. Owners report 77% occupancy YTD, through April 2026. Three units on the ground floor, and two units upstairs accessed by a common stairwell. Two laundry locations on site. All units are metered separately for electricity & gas, offering flexibility if a buyer wanted to convert to long-term rentals in the future. See floor plan sketch for a detailed drawing of the building’s layout. Financial information available upon request. This is an active vacation rental property, and showing requests will be accommodated based on occupancy. Virtual tour available here: https://my.matterport.com/show/?m=E9cHPnV4x2X&mls=1
Address
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Address: 33 Vance Avenue
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City: Black Mountain
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State/county: NC
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Zip/Postal Code: 28711
Details
Updated on May 7, 2026 at 4:40 pm-
Property ID 4377818
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Price $975,000
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Property Size 2316 m²
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Bedrooms 5
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Bathrooms 5
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Year Built 1909
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Property Type Fiveplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Utilities Natural Gas
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Sewer Public Sewer
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Cooling Window Unit(s)
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Heating Floor Furnace, Natural Gas, Wall Furnace
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Flooring Tile, Wood
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County Buncombe
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Property Type Residential Income
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Parking Assigned, Parking Space(s)
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Elementary School Black Mountain
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Middle School Charles D Owen
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High School Charles D Owen
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Down Payment
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Loan Amount
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Property Tax
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Home Insurance
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