🪚 With a Little TLC Make a Potential Profit of $45K 🙌

 Prime real estate in Winston Salem, NC, strategically located just 9 minutes from both downtown and the university, promising lucrative returns in a rapidly growing market. Capture the essence of convenience and growth potential in this ideal location for savvy investors.

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ASKING PRICE: $65K

ARV: $160K
PREFERRED LENDER LINK

Perfect For:

🛠️ Fix & Flip 🏡

(Purchase Price) $65K + (Rehab) $50K = (Total Investment) $115K

(ARV) $160K - (Total Investment) $115K = (Gross Profit) $45K

FOR SALE COMPS:

216 W 23rd St, Winston Salem, NC 27105 -   For Sale $149K
(Full Rehab Pending in 5 Days!)

2428 Gilmer Ave, Winston Salem, NC 27105 -   For Sale $120K
(For Sale as-is)

SOLD COMPS:

2907 Gilmer Ave, Winston Salem, NC 27105 -  SOLD CASH $150K
(FULL REHAB SOLD FAST!)

2322 N Glenn Ave, Winston Salem, NC 27105 - SOLD CASH $100K
(Sold as-is)

217 W 23rd St, Winston Salem, NC 27105 - SOLD CASH $119.9K
(Simple Rehab)

513 E 27th St, Winston Salem, NC 27105 - SOLD CASH $90.5K
(Simple Rehab)

2832 Ivy Ave, Winston Salem, NC 27105 - SOLD CASH $84K
(Sold as-is)

2936 Bon Air Ave, Winston Salem, NC 27105 - SOLD CASH $110K
(Sold as-is)

RENTAL COMPS:

2946 Bon Air Ave, Winston Salem, NC 27105 -FOR RENT $1500/ mo.

2927 Gilmer Ave, Winston Salem, NC 27105 - FOR RENT $1225/ mo.

Property Overview:

🛏 2 Bedrooms

🛁 1 Bathroom

📏 1,206 Sqft. 

🌳0.13 Acres

📅 Built in 1928

Property Details:

🧱Exterior:  Brick Ranch 

💡Foundation: In Good Condition 

Additional Insights:

🚀 Area: 10 Minutes From Downtown and University 

🚧 Attention Required: Full Cosmetic, Roof, Windows and HVAC Needed  

🔄️ Vacancy: Occupied, vacant at closing 

PLEASE CALL TO SCHEDULE SHOWINGS

919-646 9714

TENTATIVE CLOSE DATE: ON OR BEFORE 06/20/2024