$210,000 Price Analysis    ♡   Winston Salem, NC 27101 4 bed 2 bath unknown SqFt ($0/SqFt) 7,841SqFt lot. Built 1920 Listed 2024-04-23, Taxes $468 | Ⓧ USDA Ineligible due to location near WinstonSalem |
This investment property has been priced to allow for an investor to purchase as a turn-key long-term rental property that is already cash flowing.
* No Longer For Sale *
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Total rent is $2000/month. Tenants are already in place with an option to keep the current property manager in place. Top unit is 3 beds/1 bath and is currently renting at $1200/month until 1/31/25. Lower level is in the finished basement w/ a separate entrance and it is 1 bed/1 bath and currently renting for $800/month until 11/30/24. Each unit has separate utility meters.
Photos of the top unit are from before it was occupied. This property is not currently permitted as a duplex, but can continu to operate as-is if marketed as a SFR for rent. Buyer can also apply for re-zoning or a special use permit. Showings will be conducted if acceptable terms of agreement can be reached to minimize th e impact on current tenants. Porch/deck/stairs in the rear may need repairs/replacing. See MLS attachments for disclosures, leases and pro forma.
Presented by Tehane Gallimore at
Wayfinder Homes LLC.
Property MLS #1140228 from TriadMLS
Basement Features: Finished, Basement
Full Bathrooms: 2
Bathrooms On Main Level: 1
Full Bathrooms On Main Level: 1
Full Bathrooms On Basement Level: 1
Fireplace Features: Living Room
Heating Features: Baseboard, Forced Air, Electric, Natural Gas
Heating Fuel: Electric, Natural Gas
Number of Fireplaces: 1
Lot Size Dimensions: 69' x 113' x 70' x 112'
Lot Size Square Feet: 7841
High School: Carver
Middle School: Winston-Salem Prep Academy
Map directions Map directions Map directionsSource Listing Status: Sold
County: Forsyth
Directions: Head north on N Main St toward W 5th St. Turn right at the 1st cross street onto E 5th St. Turn left onto N Graham Ave.
Tax Year: 2022
Source Property Type: Residential
Source Neighborhood: North Cameron Park
Subdivision: North Cameron Park
Zoning: RS9
Property Subtype: Stick/Site Built
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $27,300 + $9,000 $36,300 | $468 |
| 2020 | $4,700 + $4,200 $8,900 | $122 |
| 2019 | $4,700 + $4,200 $8,900 | $123 |
| 2018 | $4,700 + $4,200 $8,900 | $117 |
| 2017 | $4,700 + $4,200 $8,900 | $117 |
| 2016 | $7,164 + $5,600 $12,800 | $168 |
| 2015 | $7,164 + $5,600 $12,800 | $165 |
| 2014 | $6,959 + $5,600 $12,600 | $158 |
| 2013 | $6,959 + $5,600 $12,600 | $157 |
| 2012 | $35,201 + $7,000 $42,201 | $491 |
| 2011 | $35,201 + $7,000 $42,201 | $484 |
| 2010 | $35,201 + $7,000 $42,201 | $484 |
| 2009 | $35,201 + $7,000 $42,201 | $481 |
| 2008 | $40,514 + $6,000 $46,514 | $551 |
| 2007 | $40,514 + $6,000 $46,514 | $551 |
$192,500
TriadMLS
Price Changed 2024-05-06
$210,000
TriadMLS
Price Changed 2024-05-06
$210,000
TriadMLS
Listed 2024-04-23
$220,000
TriadMLS
Listed 2024-04-16
$220,000
TriadMLS
Sold 2023-07-31
$180,000
Public Record
Sold 2014-06-12
$14,500
TriadMLS
Listed 2014-03-31
$24,000
TriadMLS
Construction Materials: Masonite
Levels: One
Property Age: 104
Structure Type: House
Water Source: Public
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.