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3074 Old Cullowhee Rd 3 Unit Apartment Building $1,115,340 CAD ($371,780 CAD/Unit) Cullowhee, NC 28723
INVESTMENT HIGHLIGHTS
- situated near Western Carolina University
- PLUS a versatile commercial space
EXECUTIVE SUMMARY
Seize this exceptional investment opportunity in the heart of Cullowhee — the fastest-growing area in Jackson County! This unique property includes two buildings: a beautifully remodeled 4-bedroom, 2.5-bath home originally built in 1902, and a second building with three apartments (two 2-bed/1-bath units and one spacious studio unit) PLUS a versatile commercial space. Previously a restaurant, the commercial area offers endless potential — reopen it as a dining destination, repurpose it for retail, or convert it into additional living quarters. With Jackson County recently ranked as one of the best places in the nation to start a new business, this prime location is poised for success. Ideally situated near Western Carolina University and the Tuckasegee River, the property appeals to students, faculty, and visitors alike, ensuring strong rental demand and steady income potential. Don’t miss your chance to invest in a thriving area with excellent growth prospects. Schedule your showing today and explore all the possibilities this property has to offer!
PROPERTY FACTS
| Price | $1,115,340 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $371,780 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.59 AC |
| No. Units | 3 | Building Size | 5,560 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1902 |
| Price | $1,115,340 CAD |
| Price Per Unit | $371,780 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 5,560 SF |
| No. Stories | 2 |
| Year Built | 1902 |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Kitchen
- Carpet
- Vinyl Flooring
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| Studios | 1 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $451,922 CAD | |
| Land Assessment | $379,389 CAD | Total Assessment | $831,311 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$379,389 CAD
Improvements Assessment
$451,922 CAD
Total Assessment
$831,311 CAD
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3074 Old Cullowhee Rd
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