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29 Winterberry Drive
Cullowhee NC 28723 US

$695,000

Active Listing ID 4275594
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Lot: 1.13 Acres
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$695,000

Active Listing ID 4275594
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29 Winterberry Drive Turnkey 8-unit multifamily property in Cullowhee, NC - located just minutes from WCU. 29 Winterberry offers a mix of units sizes with strong rental demand and professional management in place. Current gross rents exceed $6, 300/month with upside to over $7, 500/month at market. TTM operating expenses: ~$25K, yielding an NOI of ~$48K and a 6.9% cap rate at list. Private setting with ample parking on over an acre. Ideal for investors seeking cash flow in a stable, growing rental market. Upside in rents and value. Shown by appointment only - do not disturb tenants.

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Property Features

  • Facts
  • Lot Size: 1.13 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s), Ceiling Fan(s)
  • Heating Fuels: Baseboard

School Information

  • School
  • Unspecified(Elementary)
  • Unspecified(MiddleSchool)
  • Unspecified(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 695000
  • unparsedaddress: 29 Winterberry Drive
  • postalcity: Cullowhee
  • stateorprovince: NC
  • country: US
  • postalcode: 28723
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.13
  • lotsizeunits: Acres
  • lotsizearea: 1.13
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.296633
  • longitude: -83.167173
  • listagentfullname: Tyler Mellor
  • listagentemail: tyler@pisgahpropertygroup.com
  • listagentkey: 3yd-CMLSNC-69806
  • listagentmlsid: 69806
  • listagentpreferredphone: 8283011889
  • listagentofficephone: 8283011889
  • listofficekey: 3yd-CMLSNC-372903
  • listofficemlsid: 372903
  • disclaimer: Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1971
  • listingcontractdate: 2025-06-30
  • countyorparish: Jackson
  • parcelnumber: 7558-68-9949
  • elementaryschool: Unspecified
  • highschool: Unspecified
  • appliances: Electric Oven, Refrigerator
  • cooling: Window Unit(s), Ceiling Fan(s)
  • constructionmaterials: Brick Partial, Vinyl
  • heating: Baseboard
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.167175, 35.296635
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tyler@pisgahpropertygroup.com", "ListBrokerageCity":"Charlotte", "ListBrokerageCountry":"US", "ListBrokerageEmail":"nc.broker@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP REALTY LLC", "ListBrokeragePhone":"(336) 937-9123", "ListBrokeragePostalCode":"28216", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Suite 200", "ListBrokerageUnparsedAddress":"10130 Perimeter Parkway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"16 Biltmore Ave Suite #300", "ListOfficeAddress2":"Suite 200", "ListOfficeBrokerMlsId":"372903", "ListOfficeCity":"Asheville", "ListOfficeCountry":"USA", "ListOfficeEmail":"nc.western@exprealty.com", "ListOfficePostalCode":"28801", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Cullowhee, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/29-Winterberry-Dr_Cullowhee_NC_28723_M55028-21234?f=listhub&s=CMLSNC&m=4275594&c=rexren", "MLSModificationTimestamp":"2025-10-08 13:51:12", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"OFF CANDLEWOOD RD", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/8/2025 2:11:25 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Tyler Mellor, EXP Realty LLC, tyler@pisgahpropertygroup.com

Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.