308 Searcy Mountain Rd, Cullowhee, NC 28723 (MLS # 26046660)
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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 3/20/2026 |
|---|---|---|---|
| YEAR BUILT | 1969 | COMMUNITY | Cullowhee |
| COUNTY | Jackson | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Ductless, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Cullowhee |
| BASEMENT | None |
| CONSTRUCTION | Wood Siding |
| FIREPLACE | Yes |
| HEAT | Heat Pump |
| INTERIOR | Ceiling Fan(s), Pantry |
| LOT | 0.43 acre(s) |
| LOT DESCRIPTION | Rolling Slope |
| PARKING | No Garage |
| SEWER | Septic Tank |
| STORIES | 2 |
| TAXES | 693.76 |
| UTILITIES | Propane |
| VIEW | Yes |
| WATER | Shared Well, See Remarks |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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