308 Searcy Mountain Rd, Cullowhee, NC 28723
- $160,000
- 2
- BD
- 1
- BA
- Sold Price
- $160,000
- List Price
- $139,000
- Status
- CLOSED
- MLS#
- 26046660
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Parcel Size
- 0.43
- Year Built
- 1969
- Days on Market
- 38
Property Description
Investor alert! Immediate cash flow potential, just minutes from Western Carolina University. Affordable two-bedroom, one-bath rental opportunity with a proven rental history and strong demand from students, and residents. With a proven rental history already in place, this property is well-positioned to continue generating income from day one. The home features a durable metal roof approximately eight years old and a mini-split system installed in 2022, providing efficient heating and cooling while helping reduce future maintenance expenses. Strong rental demand, convenient location near campus, and local amenities make it an appealing option for long-term tenants. Properties at this price point near WCU are becoming increasingly difficult to find, making this an excellent opportunity for investors looking to expand their portfolio or enter the rental market. Unrestricted property, located in a high-demand area with flexible use potential. The well is shared with 10 other homes, so the property will not qualify for government-backed financing. Propane heater to be removed before closing. Sellers are licensed North Carolina Realtors.
Additional Information
- County
- Jackson
- Area
- Cullowhee
- Appliances
- Electric Water Heater, Other
- Basement Description
- None
- Interior Features
- Ceiling Fans, Large Master Bedroom, Pantry
- Flooring
- Vinyl
- Heating
- Heat Pump, Ductless Mini-Split
- Cooling
- Heat Pump, Ductless
- Roof
- Metal
Mortgage Calculator
Listing courtesy of Realty One Group Vibe. 8283708423
Selling Office: Keller Williams Great Smokies - Sylva.