🚩Winston Salem, NC | 🏡 House Flip Near Downtown Winston Salem🔨

Forsyth County, Winston-Salem, NC, 27105 view full address
Listed at: August 19th, 2024
Price
$54,500
ARV
$145,000
Gross Margin
$90,500
Sq. Footage
940
Type
Single-Family
Parking
Driveway
Year build
1939
Lot size
0.16 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Contract for sale, NON-REFUNDABLE deposit due on signing.

**Buyers are responsible for their own due diligence & closing costs**

Price: $54,500

(The starting price is the lowest minimum acceptable offer, will be taking the highest & best)

FLIP ARV: $145,000

👉 (336) 901-7216 👈

This property requires extensive renovation, as it has been fully gutted and needs all-new plumbing, HVAC, and electrical systems. Additionally, new windows, a roof, and gutters are required. However, it's situated in a high-growth area near downtown Winston-Salem, making it a great investment opportunity. Whether you're considering it for a rental property or a flip, the location and potential return on investment make it a worthwhile project.

Comps:

Highlights:

  • 🔨Rehab Level: Heavy
  • 🛌🛁3 Bed 1Bath - 940 SQFT 
  • UNFINISHED BASEMENT - 644 SQFT
  • 🏠 Roof:  OLD needs replacement, water leaking through the roof
  • ❄  HVAC: NO a/c
  • WINDOWS; NEEDS REPLACED
  • 🔥 Furnace: OLD gas heat. Needs new system
  • ⚡ Electric: OLD needs replacement
  • 🚿 Plumbing: OLD needs replacement
  • 🧼 Kitchen: OUTDATED - NEEDS REPLACED
  • 🧰 Floors: HARDWOODS
  • 🧱 Structure:  Brick & Block - Appears solid
  • 💧 City Water & Sewer

 

Contact Info:

  • The property may be occupied, so please schedule a showing.
  • To inquire about a showing or an offer call or text us at 👉 (336) 901-7216 👈

The seller of this property either owns or has an equitable contractual interest in the properties marketed. Buyer pays all closing costs. Prices are based on an expeditious closing projected at 7 days or less. All properties are sold in as-is condition. Seller makes no warranty of any kind, expressed or implied.

Videos

942 Taft St, Winston Salem, NC 27105 - 1

942 Taft St, Winston Salem, NC 27105 - 2

942 Taft St, Winston Salem, NC 27105 - 3

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Junvie Espinas

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Disposition manager