$365,000
$350,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 05/14/2025
Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1174643
Sold Date 05/14/25
HOA Y/N No
Year Built 1920
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Triplex
Source Triad MLS
Property Description
Excellent investment in downtown Winston Salem. 3 1 bedroom units in a 1920's bungalow. Consistently rented with next to no vacancies for 10 plus years.Most tenants have been 3 years or more so you know they love living here! Easy walk to downtown area. Roof and all three furnaces were update 2013-2014. Gross rent is $2600 per month. 2 main level units have hardwood floors, updated kitchens and their own laundry rooms. Unit 1 has large private deck. Large back yard could be great for gardens.
Great starter investment, or would make a great owner occupied property as well. Located in the Historic West End neighborhood so any exterior changes would need HRC approval. Agent is related to the seller. Unit 1: $1000/Unit 2: $1000/ Unit 3: $600
***Showings on Wednesdays and Thursdays 3:30-6:30…must have an appointment.
Tax amount based on 2025 tax value & 2024 tax rate. 2025 tax rate will be set mid-summer.
Location
State NC
County Forsyth
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring Carpet, Laminate, Vinyl, Wood
Appliance Electric Water Heater
Laundry Washer/Dryer Connection
Exterior
Parking Features None
Pool None
Total Parking Spaces 1
Building
Lot Description City Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
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Bought with Berkshire Hathaway HomeServices Carolinas Realty
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