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. 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 continue 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 only be conducted if acceptable terms of agreement can be reached to minimize the impact on current tenants. Porch/deck/stairs in the rear may need repairs/replacing. See MLS attachments for disclosures, leases, and pro forma.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $220,000 | Wayfinder Homes LLC |
Middle & High School Winston - Salem Preparatory Acad | 0.3 miles away | 06 - 12 | |
Junior High School Kennedy Learning | 0.5 miles away | 06 - 09 | |
Elementary School Ashley Elementary | 0.9 miles away | PK - 05 |