17 Beds

12 Full baths

5,931 SqFt

Active

Residential Rental Portfolio for sale at Western Carolina University. First time on the market in decades. Properties at two locations "bookending" campus. Eleven units in total with 4 each 2/1, one each 3/2 and six each 1/1. Walkability to campus from all units. These properties have continually stayed occupied through the decades and become some of the favorite off campus units due to the location and the eclectic style of some of the spaces. Well cared for and maintained by current ownership and currently has professional management in place. Seller will consider owner financing. Properties are located in a Federal Opportunity Zone. Can be purchased as shown here or the seller will sell Stedman Drive only at $400K or Sulphur Springs/Speedwell only at $715K.

Property Details
Price $1,100,000
Bedrooms 17
Full Baths 12
Lot Size Area 3.19
Lot Size Area Units Acres
Acres 3.19
Property Type MultiFamily
MLS Sub type Eightplex+
Year Built 1950
Heating Baseboard, Heat Pump, Hot Water
Foundation Basement, Crawl Space, Pillar/Post/Pier
Laundry Features None
Parking Description Parking Space(s)
Geographic Data
Directions Check mapping and GPS for 3 separate addresses.
County Jackson
Latitude 35.301353
Longitude -83.179482
Address Information
Address 96;96 Stedman, Sulphur Springs Road, Cullowhee, NC 28723
Postal Code 28723
City Cullowhee
State NC
Country United States
Listing Information
Listing Office Todd Baucom Realty Inc
Listing Office Phone 828-269-2014
Listing Agent Todd Baucom
Listing Agent Phone 828-269-2014
Special listing conditions None
School Information
Elementary School Unspecified
Middle School Unspecified
High School Unspecified
MLS Information
Days on market 72
MLS Status Active
Listing Date Jan 17, 2023
Listing Last Modified Mar 30, 2023
Tax ID 7559-35-7951; 7559-30-2882
MLS # CAR3935105

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This information is believed to be accurate, but without any warranty.