29 Winterberry DR Active Save Request In-Person Tour Request Virtual Tour
Cullowhee,NC 28723
Key Details
Property Type Multi-Family
Sub Type Eightplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,918 sqft
Price per Sqft $117
MLS Listing ID 4275594
Year Built 1971
Lot Size 1.130 Acres
Property Sub-Type Eightplex
Property Description
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.
Location
State NC
County Jackson
Zoning OU
Interior
Heating Baseboard
Cooling Ceiling Fan(s),Window Unit(s)
Laundry Electric Dryer Hookup,Washer Hookup
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Septic Installed
Water Well
Structure Type Brick Partial,Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None