29 Winterberry Drive, Cullowhee, NC 28723 (MLS # 4275594)

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PRICE $695,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,918 sqft
LOT SIZE 1.13 ac
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Turnkey 8-unit multifamily property in Cullowhee, NC "” located just minutes from WCU. 29 Winterberry offers a mix of units sizes with strong rental demand and professional management in place. Current gross rents exceed $6,300/month with upside to over $7,500/month at market. TTM operating expenses: ~$25K, yielding an NOI of ~$48K and a 6.9% cap rate at list. Private setting with ample parking on over an acre. Ideal for investors seeking cash flow in a stable, growing rental market. Upside in rents and value. Shown by appointment only "” do not disturb tenants.

YEAR BUILT 1971 COUNTY Jackson
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Unspecified
Jr. High School Unspecified
High School Unspecified


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Oven, Refrigerator
BASEMENT Crawl Space, Other
HEAT Baseboard
LOT 1.13 acre(s)
MLS STATUS Active
PARKING Assigned
SEWER Septic Tank
WATER Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with EXP Realty LLC
Date last updated: 6/30/25 6:44 PM PDT

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