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10 Reading Lane, Cullowhee, North Carolina

$545,000Under Contract-Show

10 Reading Lane, Cullowhee, North Carolina 28723
Western Carolina Properties, Inc. - MLS® ID: 3300903

Property Details

10 Reading Lane, Cullowhee, North Carolina 28723 - Multi family cottage and duplex units. 10 each 1 bed 1 bath cottages of 416 sq ft; one duplex (up/down) with 2 bed 1 bath each level (720 sq ft each level) and another building with 2 bed 1 bath up and community coin operated laundry and storage on bottom. 2.5 mile 4-5 minute drive to campus at WCU and all units are currently leased. Potential gross income of over $88,000.00 based upon current lease rates. Eight of the cottages have new roofs with two more in process of new roofing.

Amenities

  • Zip28723
  • CountyJackson
  • SQFT6320
  • StatusUnder Contract-Show
  • Purchase TypeUnder Contract-Show
  • Property typeMulti-Family
  • Elementary schoolCullowhee Valley
  • Junior highCullowhee Valley
  • High schoolSmoky Mountain
  • Year built1978
  • Lot size3.000
  • WaterWell
  • SewerSeptic Tank
  • HeatingElectric Baseboard Heat
  • Tax amount$2,898.60
  • Office IDNCM81341
  • MLS® ID3300903

Broker: Western Carolina Properties, Inc.

Listing Courtesy of Western Carolina Properties, Inc.

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