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515 MONTEITH GAP, Cullowhee, NC 28723

  • $285,000

  • MLS#: 25949327

Listing Presented By

Erik Enberg
(828) 586-2460

Multi-Family - Cullowhee, NC

Rare investment opportunity about 1/2 mile from WCU! This property is in great condition, is well maintained, and has a consistent and solid rental history. There are eight 1 bedroom units. Gross monthly income is $4075. Rent includes water, grounds maintenance, cable internet, and basic cable. Tenants are responsible for electricity. Western Carolina Rentals ( has been hired to manage the property and has raised rents consistently year over year since 2014. WCR has raised rent to $525 on new leases. This is a great investment. The 2 adjacent lots (the .8 acre and 1.65 acre parcels) are also available for sale for a total of $49,000.

  • $285,000
  • Commercial
  • MLS#: 25949327
  • Square Footage: 3,504
  • Last Updated: October 6, 2016
  • Posted: September 30, 2015

515 MONTEITH GAP, Cullowhee, NC 28723 MLS#: 25949327

515 MONTEITH GAP, Cullowhee, NC 28723 is an , Commercial in Cullowhee, North Carolina for $285,000 with MLS#: 25949327 and offered by Erik Enberg of WC MOUNTAIN REALTY. To learn more about 515 MONTEITH GAP, Cullowhee, NC 28723 contact Erik Enberg for more information or to request a showing.

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