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3074 Old Cullowhee Rd 3 Unit Apartment Building $799,000 ($266,333/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 | $799,000 | Apartment Style | Low-Rise |
| Price Per Unit | $266,333 | 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 | $799,000 |
| Price Per Unit | $266,333 |
| 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 | $323,513 | |
| Land Assessment | $271,590 | Total Assessment | $595,103 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$271,590
Improvements Assessment
$323,513
Total Assessment
$595,103
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3074 Old Cullowhee Rd
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