Black Mountain · Black Mountain, NC
226 Mount Allen Heights
Black Mountain, NC · 1,552 sqft
$180,000
Reduced from $300,000
- 2Beds
- 1Baths
- 1,552SqFt
- 1961Year
- 175Days on market
About this home
Great opportunity for investors and builders to bring their imagination and their tools! This .42 acre lot is located a short walk to Lake Tomahawk and the tennis courts and less than a mile from downtown Black Mountain. Keep as one lot or subdivide. Black Mountain zoning has confirmed possibility of three lots with UR8 zoning. Lots would require a shared driveway if you do three lots. House needs complete renovation or it could remove from the property and start fresh. The original home is block construction could keep it and build up. Sewer line has a pump system installed by town of Black Mountain. Utilities are connected. The Square footage is approximate. No survey on file. Sold As is -no repairs.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 1,552
- Lot
- —
- Year built
- 1961
- Type
- Single Family
- Days on market
- 175
- Heating
- Oil
- Cooling
- None
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,324/ month
- Principal & interest
- $1,114
- Property tax (~1.05%)
- $157
- Homeowners insurance
- $52
- HOA dues
- —
Down payment
$9,000 down · $171,000 financed
Income to qualify (28% rule)
~$56,776 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.