5-Unit Furnished Rental
33 Vance Avenue, Black Mountain, NC 28711
For Sale
$975,000
An established Black Mountain lodging operation includes private unit entrances, dedicated parking, and separately metered utilities.
Property Size2,316 SF
Price / SF$420.98
Days on Market12
Property Features for 33 Vance Avenue
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Furnished
Business Included
Currently Operating
Amenities
laundry
front porch
Tile,Wood
No
5
Common Area,In Unit,Utility Room
2316
Corner Lot,Wooded,Views
Public
0.27
Assigned,Parking Space(s)
Gravel,Paved
Crawl Space
Publicly Maintained Road
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
(336) 815-4940
Listed By:
Amber Johnson
Source:
Makethemoverealty
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 5:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Amber Johnson
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Investment Insights
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Built in 1909, this 2,316-square-foot home has been configured as five furnished rental units. Three occupy the ground floor, while two are upstairs and reached by a shared stairway. Each unit has a private entrance and dedicated parking. Two laundry areas serve the property, and electricity and gas are separately metered for each unit. The site encompasses 0.27 acres and carries CB zoning.
The property is in downtown Black Mountain, with dining and shopping establishments described as accessible on foot. Owners report 77% occupancy year to date through April 2026. The existing short-term rental operation also has repeat guests, longer bookings, and a housekeeping staff interested in remaining in place.
The property is in downtown Black Mountain, with dining and shopping establishments described as accessible on foot. Owners report 77% occupancy year to date through April 2026. The existing short-term rental operation also has repeat guests, longer bookings, and a housekeeping staff interested in remaining in place.
Key Highlights
- Five furnished rental units in a 2,316‑square‑foot building
- Owners report 77% occupancy YTD through April 2026
- Three units on the ground floor; two upstairs, accessed by a shared stairway
Property Analytics
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Lease Details
5
Residential units
77%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
Explore this area
Business Placement
Demographics for 28711, NC
14,047
Population
7,563
Households
1.9
Avg Household Size
49
Median Age
54%
College-Educated
92%
High-School Grad
103.9 sq mi
ZIP Area
135
Density / Sq Mi
$69,177
Median Household Income
$38,677
Median Earnings
$1,319
Median Rent
$358,400
Median Home Value
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Market
Average Price Trend$/SF for Short term rental properties in Buncombe County, NC
Properties on Market for Short term rental properties in Buncombe County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - An established Black Mountain lodging operation includes private unit entrances, dedicated parking, and separately metered utilities.
Where is this short term rental property located?
The property is located at 33 Vance Avenue Black Mountain, NC.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Five furnished rental units in a 2,316‑square‑foot building; Owners report 77% occupancy YTD through April 2026; Three units on the ground floor; two upstairs, accessed by a shared stairway
