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29 Winterberry Drive, 
Cullowhee, NC 28723

$695,000

—

Bed

—

Bath

5,918

Sq Ft

Multi-Family

Active

Listed by

Tyler Mellor

, 

Carson Anderson

eXp Realty LLC.

Last updated:

July 2, 2025, 01:27 PM

MLS#

4275594

Source:

CH

About This Home

29 Winterberry Drive

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.

Home Facts

Multi-Family

Built in 1971

Price Summary

695,000

$117 per Sq. Ft.

MLS #:

4275594

Last Updated:

July 2, 2025, 01:27 PM

Rooms & Interior

Interior

Living Area:

5,918 Sq. Ft.

Structure

Structure

Building Area:

5,918 Sq. Ft.

Year Built:

1971

Lot

Lot Size (Sq. Ft):

49,222

Finances & Disclosures

Finances

Price:

$695,000

Price per Sq. Ft:

$117 per Sq. Ft.

MLS Logo
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