(Winston-Salem, NC) Beautiful SFR 🏠 HUGE POTENTIAL 💰 DEEPLY DISCOUNTED

Forsyth County, Winston-Salem, NC, 27103
Sold
Listed at: June 6th, 2023
Price
$187,500
ARV
$300,000
Gross Margin
$112,500
Sq. Footage
2239
Type
Single-Family
Parking
Carport
Year build
1980
Lot size
acres
Bedrooms
3
Bathrooms
3
Half Bathrooms
0
Summary

DESCRIPTION


Welcome to this captivating contemporary-style single-family home in Winston-Salem, NC. Just a short 15-minute drive from downtown and conveniently located only 1 mile from the prestigious Heather Hills Golf Course, this property is a hidden gem with immense investment potential.

Although it is already in great condition, a touch of updating could unlock its full profit-generating power. Whether you're an experienced flipper seeking a lucrative return or looking to secure a cashflowing property, this residence offers both options. Similar properties in the area fetch an average rent of $1,830 per month based on comparable square footage, bedroom and bathroom configurations. Don't miss your chance to seize this remarkable opportunity and maximize your investment gains in the thriving Winston-Salem real estate market.


PROPERTY DETAILS


Rehab Level: Cosmetic

Occupancy: Tenant Occupied (see below)

Construction: Wood Framed

Water Heater: Good Condition

Electrical Panel: Good Condition

HVAC: Great Condition (1 Year Old)

Parking: Carport

Roof: Great Condition (<10 Years Old)


CLOSING AND ACCESS


**Property WILL NOT BE VACANT AT CLOSE**

CURRENTLY RENTED AT $1,200

Month-to-Month Lease

30-Day notice to vacate


**NO SHOWINGS WILL BE SCHEDULED UNLESS A SOFT/VERBAL OFFER IS PRESENTED FIRST**

**Please CALL Ahead to Schedule An Appointment**


**Closing On 06/22/2023**



DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Trevor Wilcox

No reviews

Disposition manager