Black Mountain · Black Mountain, NC
28 Pearl Street
Black Mountain, NC · 952 sqft
$575,000
- 2Beds
- 1Baths
- 952SqFt
- 1945Year
- 1Days on market
About this home
Investment Opportunity! This home is in the beginning stages of a remodel. A metal roof was installed in 2024 and some electrical and plumbing work has been done. Other than that, it's to the studs and ready for your remodel ideas to become a reality. However, that's not where the real value lies. Just 170' (approx) away is the county sewer line. That, along with UR8 zoning could possibly give you 8 more home sites. The land is level near the road and has a gentle slope making building easy for the mountains.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 952
- Lot
- —
- Year built
- 1945
- Type
- Single Family
- Days on market
- 1
- Style
- Traditional
- Heating
- None
- Cooling
- None
- Foundation
- Crawl Space
- Flooring
- Wood
- View
- Mountain(s)
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$4,231/ month
- Principal & interest
- $3,561
- Property tax (~1.05%)
- $503
- Homeowners insurance
- $167
- HOA dues
- —
Down payment
$28,750 down · $546,250 financed
Income to qualify (28% rule)
~$181,370 / 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.