Winston Salem NC Multi Family for Sale
ADDITIONAL INFORMATION
Great Investment opportunity. There is tons of potential with this property. Currently a rooming house, with 3 units occupied. Additional room upstairs that could be converted to an additional unit. The basement could be renovated for added living space. There is a possibility to convert to a duplex. There is an adjacent lot to the left of the driveway. Hardwood flooring. Schedule today to see the unlocked potential.
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1959
- Baths:
- MLS#:
- 1143928
ADDITIONAL INFORMATION
ENTITLED, PERMIT-READY QOZ PROJECT READY TO BUILD! This site has been rezoned to GB-L with architectural, build-ready plans (civil engineering as well) to construct a building with 71 apartments and 68 parking spots. This unit mix offers 47 (~780 SF) one bedrooms and 24 (~1,100 SF) two-bedroom units. The lengthy, tedious variance process has already been completed! This is a prime development site in the West End right in the heart of the West End Millworks District that has The Porch Cantina, Bridge St Collective Co-Working Space, Hoots Beer Co, Dabble Art Bar, Bar Nola and more! Creating this multi-family building will solidify this an advantageous multi-family development. The 1010 Northwest Development will be the much needed residential component of an already thriving retail corridor. An existing 15,500 SF warehouse sits on the site currently. Details available upon request.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- 1136930
ADDITIONAL INFORMATION
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
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Information is deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Xome Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Copyright © 2024 TRIADMLS. All rights reserved.
Winston Salem Real Estate
The median home value in Winston Salem, NC is $136,500. This is lower than the county median home value of $147,900. The national median home value is $219,700. The average price of homes sold in Winston Salem, NC is $136,500. Approximately 48.24% of Winston Salem homes are owned, compared to 40.34% rented, while 11.42% are vacant. Winston Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Winston Salem real estate agent to arrange a tour today!
Winston Salem 27101 is less family-centric than the surrounding county with 28.86% of the households containing married families with children. The county average for households married with children is 29.79%.
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