Flip Or Keep This 1% Rent Rule in Winston-Salem! 🏡

Forsyth County, Winston-Salem, NC, 27127
Sold
Listed at: June 14th, 2023
Price
$121,000
Sq. Footage
1470
Type
Detached
Parking
Driveway
Year build
1957
Lot size
0.42 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Hi Investor, 

I'm reaching out to share a deal with you! The address is 3221 S Main St, Winston-Salem, NC 27127. The cash price is $121,000.

As investors, we should always be looking for a great house to add to our rental portfolio so when one pops up, we know to grab it before someone else does! Here's your next opportunity: a nice brick house that has a basement in a strong rental area! And what's amazing about this house is that you can either hold or flip it! With rents right around $1600/month, this house once it's renovated should command a nice return for you! And with ARV comps landing this in the mid-$200s, you should also be able to BRRRR this one out as well or sell it as a flip! So be sure to check out the pictures, run your numbers, and put an offer in before it's gone!


Property info:

Single Family Residence

3 Beds

1 Bath

1,470 sqft

Built: 1957

Lot: .42 acres

Occupancy: month-to-month


CLICK HERE FOR PHOTOS


Rental Comp


Additional Comps:

3130 S. Main St. - 3bd/2ba 1200sqft - $215,000 ($179/sqft)

531 Beth Ave.- 3/2/1280sqft - $235k ($184/sqft)

323 Elmwood Dr. - 4/3/1408sqft - $235k ($167/sqft)


Please reach out to me to view the property! Any questions please do not hesitate to ask. We look forward to seeing you!

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

Josh Norman

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Disposition manager