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29 Winterberry Drive, Cullowhee, NC 28723

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For Sale

$695,000

5,918 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $117.44
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 4275594

Courtesy Of EXP REALTY LLC

(888) 584-9431

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Baseboard
  • Lot Size
    1.13 Acres

Map and Directions

Directions to 29 Winterberry Drive, Cullowhee, NC 28723

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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