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Laurie Pratt

laurie@brysoncityrealtor.com +1(828) 735-2372

Listed by Mitchell Wike Pinkerton & Co. Realty Group

$ 1,200,000

Est. payment -/mo

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Active

18 Searcy Mountain Road Cullowhee, NC 28723

6 Baths

4,480 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,480 sqft

Price per Sqft $267

MLS Listing ID 26048550

Year Built 1963

Annual Tax Amount $2,400

Tax Year 2400

Lot Size 1.330 Acres

Lot Dimensions 57934.8

Property Sub-Type Commercial

Property Description

RARE MULTI-UNIT INVESTMENT OPPORTUNITY NEAR WCU! Located just 1.2 miles from Western Carolina University, this 1.33-acre property offers 6 total rental units across 4 buildings—two standalone rentals and two duplexes. Each unit features 2 bedrooms and 1-bathroom, central HVAC, and washer/dryer combo; creating a highly desirable rental configuration near campus. The property has maintained 100% occupancy for 7+ consecutive years, providing a strong history of tenant demand and income-producing performance. Additional advantages include a private well, septic system, and no restrictions, offering flexibility for an investor or owner looking to capitalize on the continued demand for housing in Cullowhee. New HVAC system were installed in one of the duplexes and both standalone buildings. 3 out of 4 roofs were installed in last 5 years. Conveniently located approximately 4 minutes from WCU, this is an exceptional opportunity to add a proven, fully occupied multi-unit property to your portfolio.

Location

State NC

Area Cullowhee

Interior

Heating Electric Heat Pump, Central

Cooling Central Electric, Central Electric Heat Pump

Flooring Carpet, Luxury Vinyl Plank

Exterior

Parking Features Parking Lot

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Composition,Shingle

Garage No

Building

Lot Description Other-See Remarks, Open Lot

Sewer Septic Tank

Water Well, TWSA

Level or Stories One

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Laurie Pratt

Realtor

+1(828) 735-2372

Laurie Pratt

18 Searcy Mountain Road Cullowhee, NC 28723

Key Details

Location

Interior

Exterior

Building

Others

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18 Searcy Mountain Road