Cullowhee, NC 28723,42 Captains PT
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Cullowhee, NC 28723,42 Captains PT
Cullowhee, NC 28723,42 Captains PT
Cullowhee, NC 28723,42 Captains PT
Cullowhee, NC 28723,42 Captains PT

$1,148,000

Est. payment /mo

$1,172,571

2.1%
Est.Price: ?

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42 Captains PT Cullowhee, NC 28723

16 Beds

20 Baths

8,320 SqFt

SOLD DATE : 02/20/2023

Key Details

Sold Price $1,148,000

Property Type Multi-Family

Sub Type Eightplex

Listing Status Sold

Purchase Type For Sale

Square Footage 8,320 sqft

Price per Sqft $137

MLS Listing ID 3930988

Sold Date 02/20/23

Bedrooms 16

Full Baths 16

Half Baths 8

Year Built 1998

Lot Size 2.620 Acres

Acres 2.62

Property Description

Great 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.

Location

State NC

County Jackson

Zoning None

Interior

Interior Features Cable Prewire

Heating Heat Pump

Cooling Ceiling Fan(s), Heat Pump

Flooring Carpet, Vinyl

Fireplace false

Appliance Dishwasher, Electric Water Heater, Refrigerator

Exterior

Exterior Feature Storage

Waterfront Description None

View Mountain(s), Year Round

Roof Type Metal

Parking Type Driveway

Building

Lot Description Level, Creek/Stream

Foundation Crawl Space

Sewer Shared Septic, Other - See Remarks

Water Shared Well, Other - See Remarks

Structure Type Vinyl

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Special Listing Condition None

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Listed by Aaron Kraft • WEICHERT, Realtors - Unlimited • akraft@weichertunlimited.com
Bought with Matt Bailey • SECU*RE Inc.

Victor Wallace

President | License ID: 41896

+1(704) 202-7508

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