169 and 171 Cragmont Road, Black Mountain, NC 28711
Some investment properties are defined primarily by their numbers. Others offer something equally important: a location people genuinely want to live in. 169 and 171 Cragmont Road, Black Mountain, NC 28711 brings those two considerations together in an unusually flexible three-residence property near the center of Black Mountain.
The property is arranged across two structures, beginning with a detached one-bedroom, one-bath cottage at 169 Cragmont Road. At 171 Cragmont Road, a duplex adds a second one-bedroom, one-bath residence along with a two-bedroom, one-bath residence that has been recently remodeled. Together, the property provides four bedrooms and three full baths across three distinct living spaces, giving an investor several ways to approach ownership.
That configuration creates compelling flexibility. The residences may appeal to a buyer building a small rental portfolio, an owner-occupant interested in offsetting housing costs with additional rental income, or someone seeking a multi-generational property with separation between living spaces. Long-term rental use offers one potential strategy, while furnished or short-term use could be investigated subject to current municipal regulations and zoning.
The location strengthens that investment story. Lake Tomahawk is approximately one block away, placing residents near its walking path, tennis courts, fishing pier, playground and community recreation. Downtown Black Mountain—with locally owned restaurants, coffee shops, breweries, galleries and shopping—is also close at hand.
For buyers looking beyond a conventional single-family rental, the appeal of 169 and 171 Cragmont Road, Black Mountain, NC 28711 is its combination of location and optionality: three residences, multiple potential income streams and an established mountain-town setting where recreation and downtown life are part of the everyday experience.
Property Highlights
-Three separate residences within one Black Mountain property
-Detached 1-bedroom, 1-bath cottage at 169 Cragmont Road
-Duplex at 171 Cragmont Road with one 1-bedroom unit and one 2-bedroom unit
-4 bedrooms and 3 full baths total across approximately 1,516 square feet
-Recently remodeled 2-bedroom residence
-Approximately one block from Lake Tomahawk Park, with walking trail, tennis courts and recreation
-Close to the restaurants, shops, coffee houses and small-town amenities of downtown Black Mountain
-Flexible configuration for multi-unit rental, owner-occupancy with supplemental rental income, or multi-generational use
-City water and public sewer, assigned parking and no HOA reported in current MLS-fed data
-Compact approximately 0.20-acre in-town setting rather than a maintenance-heavy large parcel
FAQ
How many separate residences are include at 169 and 171 Cragmont Road, Black Mountain, NC, 28711? Three
What is the unit configuration at 169 and 171 Cragmont Road? One separate cottage and one duplex
How close is 169 and 171 Cragmont Road to Lake Tomahawk? One block
Is 169 and 171 Cragmont Road close to downtown Black Mountain? Yes. Within walking distance.
Could an owner live in one residence and rent the other units at 169 and 171 Cragmont Road? Yes.
Are short-term or vacation rentals permitted at 169 and 171 Cragmont Road? yes.
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