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      Investment Property

      The investment property market is alive and well here in the Asheville NC area. Asheville North Carolina continues to be a place that people come from all over to vacation, purchase homes, find land or to pick out that perfect piece of real estate. Contact Green Mountain Realty or call us at (828)-215-9064 for all of your rental homes or rental home real estate needs here in the Asheville area.Asheville Rental Homes

      8 Village, Asheville, NC 28803

      Price$5,550,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3247464

      • MultiFamily Multi-Family
      • Square Feet 19364
      • Zoning Institutional
      • Modification Date 2017-06-29T07:32:51
      • Year Built 1931

      Rare investment opportunity on 1.93 acres in the heart of Biltmore Village in Asheville! On the National Historic Register, this 11-unit luxury condo complex was converted from the historic Biltmore Hospital in 2005. Offered are the 8 remaining fully furnished 2 bedroom condo units zoned to allow short term vacation rental, a 30 space off-street parking lot, and the recorded DEVELOPMENT RIGHTS for an additional 15, 448SF building (see PIN#9647-79-0174-R0001). Elevator.

      Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      8 Village, Asheville, NC 28803

      Price$5,550,000The price has recently decreased

      MLS Number 3242509

      • Commercial
      • Square Feet 19364
      • Bathroom 17.5
      • Units 1
      • Acreage 1.93

      Build new condos in historic Biltmore Village! Rare investment opportunity on 1.93 acres in the heart of the Village in Asheville! On the National Historic Register, this 11-unit luxury condominium complex was converted from the historic Biltmore Hospital in 2005. Offered are 8 remaining fully furnished 2 bedroom condos zoned to allow short term vacation rental, 30 spaces off-street parking, and the recorded DEVELOPMENT RIGHTS for an add'l 15, 448 SqFt bldg (see PIN#9647-79-0174-R0001). Elevator.

      Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      253 & 271 Tunnel, Asheville, NC 28805

      Price$4,950,000The price has recently decreased

      MLS Number 3297543

      • Commercial
      • Square Feet 14964
      • Units 2
      • Acreage 1.54
      • Zoning Commercial

      Excellent investment with upside potential. Great location in regional shopping area with high traffic count. Shopping center with new roof and busy Chili's restaurant with no landlord responsibilities. Call listing agent for full rent roll. Additional PIN 9658-16-3317-00000.

      Listed by Debbie Lane of NAI Beverly-Hanks

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      124 College, Asheville, NC 28801

      Price$4,800,000The price has recently decreased

      MLS Number 3266251

      • Commercial
      • Acreage 0.14
      • Year Built 1912
      • Modification Date 2017-03-30T16:58:57

      INVESTMENT OPPORTUNITY IN DOWNTOWN ASHEVILLE! 4-floor building with elevator access. Located across the street from the City of Asheville Park Plaza. Tenants include: Room Nine, Siren Studio, Sola Salon Studios, Nebula Beauty Lab, etc...

      Listed by Paul Ellis of Pulliam Properties, Inc

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      49 Conestee, Asheville, NC 28801

      Price$3,450,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3299644

      • MultiFamily Multi-Family
      • CoListAgent_MUI 28243352
      • Square Feet 17141
      • Modification Date 2017-07-11T09:10:59
      • Year Built 2017

      Rare chance to own 7 new construction homes less than a mile from downtown Asheville! Located in Central Asheville, just off of Merrimon Ave. Houses are designed with rental potential in mind. Each unit consists of a 3/2/1 house with an atttached spacious 1/1 accessory dwelling unit with kitchen, laundry, living room. Seperate garage for house and apartment. Don't miss out on this fantastic investment opportunity!

      Listed by Timothy Bosonetto of Beverly-Hanks, Merrimon

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      65 Hartshorn, Asheville, NC 28803

      Price$2,566,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3297472

      • Residential Single Family
      • Bathroom 2
      • Square Feet 1232
      • Bedrooms 3
      • Acreage 23.06

      Views, views, views!!! This property is a unique gem in Western North Carolina. Family owned for generations and situated 15 minutes from downtown Asheville. Whether you enjoy the vistas, run a farm, or seek an investment opportunity, this property is one of a kind. Developers wanted. City Water Access and City Sewer Available.

      Listed by Jorge Cure of Exit Realty Vistas

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1257, 1249 Sweeten Creek, Asheville, NC 28803

      Price$1,395,000The price has recently decreased

      MLS Number 3273635

      • Commercial
      • Square Feet 11790
      • Bathroom 4
      • Units 2
      • Acreage 1.71

      2 Buildings on 1.71 Acres. A Beautifully Maintained 7, 110 SF Office Building/Retail Showroom with Loading Dock and a 4, 680 SF Masonry Warehouse for Storage, all w/ Ample Parking. Excellent Investment Opportunity OR Lease the Office @ $12/SF NNN or Lease the Warehouse for Storage @ $5/SF NNN. Property has Income Producing Billboard Lease as well. Great visibility with 22, 000 VPD on Sweeten Creek Road, just 1.4 miles from I-40. Portions of Property in Flood Plain, but Office Building is not.

      Listed by James Diaz of Covestar Investment Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      12 & 39 Davida, Asheville, NC 28806

      Price$1,100,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3306251

      • MultiFamily Multi-Family
      • Zoning Residential
      • Modification Date 2017-08-03T16:54:26

      Great 31 unit mobile home park in Asheville. Green and beautiful environment. Excellent paved roads throughout the park. Mix of park owned and tenant owned units. Sale includes 3 parcels-13 acres. 2 parcels accessed by Davida Drive and one off of Dix Creek Chapel(Lillian Lane). Good investment now - huge future potential.

      Listed by George Lycan of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      12 & 39 Davida, Asheville, NC 28806

      Price$1,100,000The price has recently decreased

      MLS Number 3306244

      • Commercial
      • Acreage 13.43
      • Zoning Residential
      • Modification Date 2017-08-15T21:10:33

      Great 31 unit mobile home park in Asheville. Green and beautiful environment. Excellent paved roads throughout the park. Mix of park owned and tenant owned units. Sale includes 3 parcels-13 acres. 2 parcels accessed by Davida Drive and one off of Dix Creek Chapel(Lillian Lane). Good investment now - huge future potential.

      Listed by George Lycan of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      3 Eaglebear, Asheville, NC 28806

      Price$1,070,000The price has recently decreased

      Pending

      MLS Number 3288519

      • Commercial
      • Acreage 8.43
      • Zoning Residential
      • Modification Date 2017-07-03T17:18:21

      Wonderful investment opportunity with this MHP in desirable Asheville, NC. 24 mobile home lots. Financial documentation available. Great income potential.

      Listed by Donna Prinz of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      6 Deerborne, Weaverville, NC 28787

      Price$999,950The price has recently decreased

      MLS Number 3298049

      • Commercial
      • Units 6
      • Acreage 15.9
      • Year Built 2009
      • Modification Date 2017-08-05T08:34:17

      Laurel Mountain Retreat has five cabins & manufactured home, with rental history on 15+ acres in Weaverville & 10 minutes to Asheville. Constructed in 2009, cabins are fully furnished with hot tubs, HVAC, washer/dryer, kitchen & porches. Acreage includes barn, outbuildings, gardens, creek, woods & pasture. Close to outdoor recreation & downtown Asheville, makes them desirable for vacation rental & investment opportunity. Waste treatment plant onsite. Development plan for 20+ cabins available.

      Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1779 Pisgah, Candler, NC 28715

      Price$989,900The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3276490

      • Residential Single Family
      • Bathroom 6
      • Square Feet 3471
      • Bedrooms 10
      • Acreage 4.21

      Beautiful home plus great income potential. Spacious home on apx 4.2 acres with long range views of the Mountain Pisgah and 3 apartments, 2 with 1000 sf and 1 brick cottage. Perfect potential for a bed and breakfast, mountain retreat, family complex or investment property. Custom built in-ground pool, tennis court with basketball goal, shuffle board court and mature grape vines are some of the properties many amenities. The home features many upgrades like indoor wood grill, large dining room

      Listed by Clay Plemmons of Clay

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      82 Old Mars Hill, Weaverville, NC 28787

      Price$979,227The price has recently decreased

      MLS Number 3203977

      • Commercial
      • Units 8
      • Acreage 3.18
      • Year Built 1997
      • Modification Date 2017-04-13T13:29:12

      Great investment in storage units in the Weaverville area. This includes 100 storage units with room for more on 3.16 acres of land. 1 acres is cleared and ready for move storage units. Visible from I-26 and just off of exit 17. 8 buildings consisting of 14-5x10 units, 61-10x10 units, 22-10x20 units, 3-20x24 units and space for RV/Camper storage sites.

      Listed by Debra Marshall of Century 21 Mountain Lifestyles

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      5 & 8 Cordell, Black Mountain, NC 28711

      Price$899,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3296381

      • Residential Single Family
      • Bathroom 2
      • Square Feet 1916
      • Bedrooms 3
      • Acreage 1.14

      Buy THREE for the price of one!!!! Private family compound very close to town. Beautiful main house (over 1900 sq ft), detached garage apartment (590 sq ft) and guest house (1368 sq ft)- all three combined make the ideal investment property. Guest house has separate pin 0619-79-6348. Mature landscaping, many recent updates to all three structures, large rooms/kitchens, serene outdoor spaces with new decks....this is a must see property. Excellent rental possibilities.

      Listed by Melissa Church of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      762 Biltmore, Asheville, NC 28803

      Price$759,000The price has recently decreased

      MLS Number 3190673

      • Commercial
      • Acreage 0.31
      • Year Built 1973
      • Modification Date 2017-04-18T16:21:56

      Property for sale includes a 5-year NNN lease with tenant paying $3, 000 mo plus NNN with one 5-Year option. Great location close to Biltmore Village and minutes to Memorial Mission Hospital and downtown Asheville. GREAT Investment Opportunity! Tenant is willing to vacate within 6-months and pay month-to-month at $3, 500.

      Listed by Paul Ellis of Pulliam Properties, Inc

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      29 Hope View, Swannanoa, NC 28778

      Price$750,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3248839

      • Residential Single Family
      • Bathroom 4
      • Square Feet 4879
      • Bedrooms 4
      • Acreage 1.41

      Peaceful sanctuary in this upgraded, view home in historic Swannanoa. Pass through Grovemont and drive a short way up the mountain to obtain these sweeping views of the Appalachian majesty. Multiple living areas with a separate, large in-law suite, bedrooms galore, tons of outdoor space and surrounded by other upscale homes make the potential for this house close to Asheville a smart investment.

      Listed by LeNoir Medlock of Preferred Properties

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      131/133 Monte Vista, Candler, NC 28715

      Price$748,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3267379

      • MultiFamily Multi-Family
      • Sale Agent Ken Honeycutt
      • Square Feet 5108
      • Zoning Residential
      • Modification Date 2017-08-15T14:31:12

      This 6-unit apt complex is a great multi-family investment! Offered w/a 7.3% cap rate. Excellent rental history. At 100% occupancy. All units remodeled in 2015/16. New 30yr architectural shingles installed on all buildings in 2013. Fantastic location close to grocery, shopping, I-40, and 10 minutes to DT Asheville. City water & sewer. 2 parking spaces per unit, 6 guest spaces. Low-maintenance landscaping and a park-like setting. DO NOT DISTURB TENANTS. DRIVE BY'S OKAY, DO NOT WALK THE SITE!

      Listed by George Lycan of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      131/133 Monte Vista, Candler, NC 28715

      Price$748,000The price has recently decreased

      Pending

      MLS Number 3267768

      • Commercial
      • Bathroom 6
      • Units 3
      • Acreage 0.87
      • Zoning Residential

      This 6-unit apt complex is a great multi-family investment! Offered w/a 7.3% cap rate. Excellent rental history. At 100% occupancy. All units remodeled in 2015/16. New 30yr architectural shingles installed on all buildings in 2013. Fantastic location close to grocery, shopping, I-40, and 10 minutes to DT Asheville. City water & sewer. 2 parking spaces per unit, 6 guest spaces. Low-maintenance landscaping and a park-like setting. DO NOT DISTURB TENANTS. DRIVE BY'S OKAY, DO NOT WALK THE SITE!

      Listed by George Lycan of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      24A, B, 26A, B, 9999 Triple H, Asheville, NC 28816

      Price$669,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3244595

      • MultiFamily Multi-Family
      • Subdivision Spiveys View
      • Square Feet 3986
      • Modification Date 2017-03-11T10:08:30
      • Year Built 2009

      Unique Investment property, in desirable West Asheville, off Sand Hill Road, Location is great, minutes to I-40, I-26, shopping mall, and groceries, pharmacies and other. There are one Triplex, and a duplex situtatued on .92 acres at the end of a cal-decsec. All units have heat, air, 2/beds, 1 bath, with a attached garage for each unit. One unit does not have a dishwasher, all the rest do. Owner furnishes water, and sewer. Washer/dryer hook-up, Cable TV available. Great investment

      Listed by Dick McKinney of Coldwell Banker King

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1 & 15 Zillicoa, Asheville, NC 28801

      Price$634,000The price has recently decreased

      MLS Number NCM560683

      • Commercial
      • Square Feet 3127
      • Units 3
      • Acreage 0.55
      • Zoning Commercial

      Two office buildings with multiple tenants in historic Montford/Highland Park. Investment and/or owner user. 1 Zillicoa Street is 2, 478 square feet. 15 Zillicoa Street is 649 square feet.

      Listed by Debbie Lane of NAI Beverly-Hanks

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      26 Wood Robin, Black Mountain, NC 28711

      Price$625,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3303253

      • MultiFamily Multi-Family
      • Square Feet 3798
      • Modification Date 2017-08-09T15:27:02
      • Year Built 1999

      GREAT INVESTMENT! Main house 3br/2.5ba + 2 quaint rental cabins 3br/2ba 2br/1ba w/fireplace. North Fork Valley location offers excellent views of the valley & the Black Mtn Range in beautiful wooded setting. Main house has cathedral ceilings, open plan, FP, sunroom, garage & beautiful perennial gardens. Cottages are remote from main house, independent except for common well.Tree trimming needed to restore views. Rental history on all 3 available; 1 unit currently occupied. Cottages share septic.

      Listed by Rosie Johnson of Greybeard Realty

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      26 Wood Robin, Black Mountain, NC 28711

      Price$625,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3306954

      • Residential Single Family
      • Bathroom 3
      • Square Feet 2262
      • Bedrooms 3
      • Acreage 3.03

      GREAT INVESTMENT! Main house 3br/2.5ba + 2 quaint rental cabins 3br/2ba 2br/1ba w/fireplace. North Fork Valley location offers excellent views of the valley & the Black Mtn Range in beautiful wooded setting. Main house has cathedral ceilings, open plan, FP, sunroom, garage & beautiful perennial gardens. Cottages are remote from main house, independent except for common well.Tree trimming needed to restore views. Rental history on all 3 available; 1 unit currently occupied. Cottages share septic.

      Listed by Rosie Johnson of Greybeard Realty

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      487 Kimberly, Asheville, NC 28804

      Price$550,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3299524

      • MultiFamily Multi-Family
      • Sale Agent Roy Borden
      • Sale Office NAI Beverly-Hanks
      • Square Feet 5060
      • Modification Date 2017-07-24T09:44:17

      Excellent investment opportunity. This 5-unit 2-story well-maintained apartment building has a history of 100% occupancy. Located in the Grove Park area, it is priced to sell quickly. Shown by appointment only.

      Listed by Roy Borden of NAI Beverly-Hanks

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      4 Bellhaven, Asheville, NC 28805

      Price$550,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3277117

      • Residential Single Family
      • Bathroom 3
      • Square Feet 2626
      • Bedrooms 3
      • Acreage 0.61

      Truly Unique Investment Opportunity in Asheville-1 BR apt above garage currently rented mo to mo. Quality Construction-pets can play in fenced yard-you relax on the porch. Enjoy this open floor plan with Sun Room inside-garden space outside. Enjoy gorgeous hardwood floors in your spacious living area w/Master on main. Fabulous radiant heat on main level. Generator for home. Workshop in garage. Close to VA Medical Center, shopping/dining. Minutes to Downtown AVL. EM to buyers attorney.

      Listed by Valerie Thorne of Coldwell Banker King

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      652/648 Sand Hill, Asheville, NC 28806

      Price$499,900The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3271778

      • MultiFamily Multi-Family
      • Square Feet 4316
      • Zoning Residential
      • Modification Date 2017-04-23T17:23:24
      • Year Built 1939

      Investment opportunity on 3.56 acres in Asheville city limits with allowable expansion of existing mobile home park on all pins, or perfect for development in rm6 zoning. Owner/broker. No drive-bys. Please call listing agent for showing requests.

      Listed by Shawn Johnson of The Virtual Realty Group

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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