REQUEST A TOUR
In-PersonVirtual Tour
$ 214,997
Est. payment | /mo
0.29 Acres Lot
$ 214,997
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1136930
HOA Y/N No
Originating Board Triad MLS
Year Built 1955
Lot Size 0.290 Acres
Acres 0.29
Property Description
Welcome to an exceptional investment opportunity in Winston Salem! This property features two duplexes and a former duplex converted into a spacious 2-bed, 2-bath single residence, with potential to revert to two 1-bed, 1-bath units. Each property offers a functional layout and a full unfinished basement.
Duplex 1: Charming duplex with two 1-bed, 1-bath units. Rents below market value with potential for increase. Full basement for expansion.
Duplex 2: Similar layout with two 1-bed, 1-bath units. Rents below market, immediate cash flow potential. Full basement for expansion.
Former Duplex Conversion: Currently a 2-bed, 2-bath single residence, convertible back to two 1-bed, 1-bath units. Comfortable living layout with full basement.
Rents range from $350 to $675 per month, below market value. With rising rental demand, there's ample opportunity to maximize returns by making improvements and some repairs. Don't miss out on this prime investment opportunity in Winston Salem
Duplex 1: Charming duplex with two 1-bed, 1-bath units. Rents below market value with potential for increase. Full basement for expansion.
Duplex 2: Similar layout with two 1-bed, 1-bath units. Rents below market, immediate cash flow potential. Full basement for expansion.
Former Duplex Conversion: Currently a 2-bed, 2-bath single residence, convertible back to two 1-bed, 1-bath units. Comfortable living layout with full basement.
Rents range from $350 to $675 per month, below market value. With rising rental demand, there's ample opportunity to maximize returns by making improvements and some repairs. Don't miss out on this prime investment opportunity in Winston Salem
Location
State NC
County Forsyth
Interior
Heating Forced Air, Natural Gas
Cooling Remarks
Flooring Laminate, Wood
Appliance Gas Water Heater
Exterior
Garage None
Pool None
Street Surface Paved
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Alterna Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "