I'm reaching out to share a deal with you! The address is 1606 W 1st St, Winston Salem, NC 27104. The cash price is $465,000.

About the Deal: Buy and hold investors, we have a fully leased 5 unit building right outside downtown Winston Salem. Currently bringing in $4,700 per month in rental income, this hits the 1% rule with some potential room to increase market rents as well. Building has been well maintained and managed, and the owner is ready to cash in and trade up, so it leaves the opportunity for a new investor to capitalize on this great opportunity. Will be taking interested and qualified buyers in for a walkthrough with the goal to close early to mid October. Copies of rent roll and 2024 financials are available upon request. 

Below are the property details:

Apartment

5 units

1 bed 1 bath (per unit)

Fully leased

$4,700 per month rental income

Please reach out to me to view the property! Any questions please do not hesitate to ask.

We look forward to seeing you!