🛠️ Historic Gem RENTAL PROPERTY - Renovate and Reap Rewards 💵

*PROPERTY IS DELIVERED TENANT OCCUPIED*

Welcome to a vintage gem nestled in the heart of Winston Salem. This 1922 single-family residence is a unique investment opportunity, offering historical charm and the potential for lucrative returns. Invest in a piece of history and turn this diamond in the rough into a lucrative investment opportunity!

Property Overview:

• Year Built: 1922
• Square Footage (SqFt): 848
• Bedrooms: 2
• Bathrooms: 1

Property Details:

• Air Conditioning: Central (15 years old)
• Roof: 15 years old
• Plumbing: Updated 15 years ago
• Electrical: Updated 15 years ago
• HVAC: 15 years old
• Full Finished Basement
• 3-Year Tenant in Place
• Home Remodeled: Gutted and renovated in 2010
• Flooring: Carpet throughout (3 years old, needs replacement), Vinyl in kitchen (needs repair), Bathroom vinyl flooring in good condition
• Kitchen: Wood cabinets (15 years old), Laminate countertops (15 years old), Dated appliances
• Bathroom: Tub/shower, Single sink vanity, No updates needed
• Hallway: Closet space
• Windows: 15 years old
• Exterior: Front screen door needs replacement

PHOTO LINK

ASKING PRICE: $60,000

Preferred Lender Link

COMPS

1619 Gray Ave, Winston Salem, NC 27105 - SOLD $95K

2bd/1ba - 808 sqft

1645 Ashley School Cir, Winston Salem, NC 27105 - SOLD $93,500

2bd/1ba --- sqft

2301 Slater Ave, Winston Salem, NC 27101 - SOLD $50K

3bd/1ba - 864 sqft

*PROPERTY IS DELIVERED TENANT OCCUPIED*

**PLEASE CALL TO SCHEDULE SHOWINGS**

*CLOSE OF ESCROW 2/8/2024*