927 Apple Street
Winston-Salem, NC 27101
2130 sqft | 5 beds | 4 baths | 0.19 acres | #1194166
Description
Cash-Flowing 5BR/4BA Investment Property – Prime Winston-Salem Location
Rare opportunity to own a late 1800’s property with multiple income streams within walking distance from downtown Winston-Salem, Truist Stadium, Old Salem, Carolina University, and local restaurants/coffee shops.
Currently leased with 4 tenants in place:
2 Occupied En-suite bedrooms at $750/month each (1 Bdrm, 1 Bath)
1 En-suite bedroom transferring vacant (projected $850/month)
1 Occupied Guest suite rented long-term at $1,200/month (2Bdrm 1 Bath)
Total current rent: $2,700/month, with immediate upside to $3,550/month once fully occupied.
Key features:
All 4 units have their own separate bathroom
Flexible use: long-term rental, Airbnb/VRBO, bed & breakfast, or student housing
Windows & roof under 9 years old
Spacious porch + ample rear parking
Walking distance to downtown attractions & campus
Strong rental history, prime location, and multiple exit strategies make this a must-see investment!!!
Property Details
- InteriorGuest Quarters, In-Law Floorplan
- Property SubtypeStick/Site Built
- Sewer InformationPublic Sewer
- Basement DescriptionCrawl Space
- SubdivisionWest Salem
- Lot DescriptionCity Lot
- Property TypePurchase
- CountyForsyth
- MLS #1194166
- MLS #1194166
- Utility SourcePublic
- Taxes Annual$2,576
- Cost345000
- Acres0.19
- Square Feet2130
- Year Built1885
- Bedrooms5
- Bathrooms4
- Full Baths4
- Basement1
Location
Legal
Listings identified with the TRIADMLS IDX logo come from TRIADMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.
Last Updated: . Source: TRIADMLS
Listing Courtesy
Listing Agent: Derron Potts (#344586)
Listing Office: JPAR Legacy Group (#WJPAR01)
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