29 Winterberry Drive, Cullowhee, NC 28723

Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by:tyler mellor
Office:exp realty llc.
MLS#:4275594
Source:CH
29 Winterberry Drive,Cullowhee, NC 28723
$695,000
  • - Beds
  • - Baths
  • 5,918 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$695,000
  • Price per sq. ft.:$117.44

About this home

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.

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Home facts

  • Year built:1971
  • Listing ID #:4275594
  • Updated:September 28, 2025 at 01:16 PM

Rooms and interior

  • Living area:5,918 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1971
  • Building area:5,918 sq. ft.
  • Lot area:1.13 Acres

Schools

  • High school:Unspecified
  • Elementary school:Unspecified

Utilities

  • Water:Well
  • Sewer:Septic (At Site)

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$117.44
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