Seller's Agent in 2023
Aaron Kraft
WEICHERT, Realtors - Unlimited
(828) 484-1571
67 Total Sales
42 Captains Point Cullowhee, NC 28723
16
Beds
24
Baths
8,320
Sq Ft
2.62
Acres
Highlights
- Mountain View
- Great Room
- Covered patio or porch
- Deck
- No HOA
- Laundry Room
About This Home
As of February 2023Great investment with huge further potential near Western Carolina University. Just 5 minutes to WCU and and 2 minutes to the Jackson County Recreation Complex. Tenant get to enjoy mountain views from their back porch plus walk down to the river. Great floor plan for tenants with 2 bedrooms upstairs that each have their own full bathroom. 8 units, each with large eat-in kitchen, laundry, living room and half bath downstairs. They also boast decks out front and out back. The ideal location attributes to an excellent rental history with 100% occupancy and long term tenants. With acreage that is here, there is a possibility of adding at least 8 more units. To do so you would have to plug into city water and sewer. There are lines put in to a source, but needs engineering approval and DEQ approval before activating. But the current 8 units are on shared well and septic. Owner has full rent roll records and expense records to show. A lot of long term tenants.
Last Listed By
Aaron Kraft
WEICHERT, Realtors - Unlimited Brokerage Email: akraft@weichertunlimited.com License #241085 Listed on: 12/23/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1998
Lot Details
- 2.62 Acre Lot
- Level Lot
Parking
- Driveway
Home Design
- Metal Roof
- Vinyl Siding
Interior Spaces
- 8,320 Sq Ft Home
- Ceiling Fan
- Great Room
- Dining Room
- Vinyl Flooring
- Mountain Views
- Crawl Space
- Dishwasher
- Laundry Room
Bedrooms and Bathrooms
- 16 Bedrooms
Outdoor Features
- Access to stream, creek or river
- Deck
- Covered patio or porch
Utilities
- Heat Pump System
- Shared Well
- Electric Water Heater
- Shared Septic
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tenant pays for cable TV, electricity
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 7558-04-8581
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2023 02/20/23 | Sold | $1,148,000 | -2.1% | $138 / Sq Ft |
| 12/23/2022 12/23/22 | For Sale | $1,172,571 | -- | $141 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Matt Bailey
M
Buyer's Agent in 2023
Matt Bailey
SECU*RE Inc.
(919) 239-3310
13 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3930988
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