tomo logo

$1,100,000

Beds
5
Baths
5.0
sq ft
2,191

33 Vance Avenue, Black Mountain, NC 28711

33 Vance Avenue

Black Mountain, NC 28711

  • 12 days on market
Great opportunity in the heart of downtown Black Mountain. with easy access to all the amenities the town has to offer. Turnkey investment property with 5 units, sold fully furnished, perfect for short-term or long-term occupancy. Each unit has it's own private entrance, bedroom, kitchen, bathroom, and dedicated off-street 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. Plus, a sweet rocking chair front porch. Three units on the ground floor, and two units upstairs accessed by a common stairwell. Two laundry locations on site. See floor plan sketch for a detailed drawing of the building's layout. Financial information available upon request. Please note that 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

Details

Property type

Est. home value

$1,102,814

Lot size

Unknown

Price per sq ft

$503

Year built

1909

Price History

02/11/2025
CanopyMLS

CanopyMLS #4220185

Listed
$1,100,000
+5.7%
02/08/2023
CanopyMLS

CanopyMLS #3900595

Sold
$1,040,675
+228.81%
09/18/2018
CanopyMLS

CanopyMLS #3340935

Sold
$316,500

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Park National Bank

Loan start date

September 2023

Original loan amount

$700,000

Est. remaining balance

Not provided

Interest rate

6.9%

Loan type

Future Advance Clause / Open End Mortgage, 20 year

Seller

158 Bridge Street Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 4:05 PM

Listing updated: 02/14/2025 at 10:44 AM

Listed by: Alan Wray, Phone #: (828) 348-5720

MLS: CanopyMLS #4220185

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