4-plex For Sale at 130 Remington Dr. Cullowhee NC
by Allen Lomax
Just listed for sale 4 plex at 130 Remington Drive Cullowhee North Carolina. This bank owned handyman investor special is listed at the unbelievable price of $69,990. Once revived the complex will make an excellent rental for students.
Location, location, location! You can’t beat this location’s potential as a rental complex with Western Carolina University less than a mile away. It is an easy walk or bike ride to the campus along the beautiful Tuckaseege River.
There is a lot of work to be done to make this the attractive place that it can be. The asking price reflects the additional investment that will be needed to make this place whole once again. Though paint and carpet will make a huge difference, this in and of itself will not be sufficient. The buyer, who is ready to do what it takes to rehabilitate this complex, is a buyer who can spot a diamond in the ruff.
The 4 units in total have an approximate 3200 square feet of living space. Each separate unit has approximately 800 square feet. Each unit has two bedrooms and one bath. All the units are wired for electric stove top with in-cabinet oven. It is likely that all stove tops and ovens will need to be replaced but the new appliances will be especially attractive to new prospective tenants.
See the property listing here. Contact us for a showing and to put your bid in before it is too late.