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About This Home
This 4-bedroom, 3-bathroom residential multi family at 416 S Cherokee Avenue in Black Mountain, NC is listed for $850,000. Built in 1965, on a 0.45 acres lot.
Two Homes | Multigenerational Living | Proven Short-Term Rental Success Welcome to a rare and remarkable opportunity in one of Black Mountain's most sought-after neighborhoods. Ideally situated across from the scenic Black Mountain Golf Course and just a short stroll to Lake Tomahawk-featuring tennis courts, a playground, and a community pool-this
property offers more than a home; it offers a lifestyle defined by charm, connection, and natural beauty. This unique property includes two thoughtfully maintained residences on a single parcel, making it ideal for multigenerational living, an income-producing investment, or a live-and-earn arrangement.
The main home offers 1,394 square feet of comfortable, well-designed living space with a functional layout suited for everyday living or long-term rental potential. Privately set just behind, the 807 square foot one-bedroom guest cottage is a proven short-term rental performer.
Carefully curated for guest comfort, it has become a favorite retreat for visitors who return year after year to experience the charm of Black Mountain. Don't miss this exceptional opportunity to own a versatile property in one of Western North Carolina's most welcoming and vibrant communities.
Key Features
- Built in 1965
- 0.45 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$4,546/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
416 S Cherokee Avenue
Black Mountain, NC 28711
Methodist Colony
Property Details
Flooring
Construction
Views
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 416 S Cherokee Avenue is listed at $850,000. The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.45 acre lot, Fireplace.
This property is listed by Casey Conner and can be reached at 8287770583 or casey@mymosaicrealty.com.
