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900 N Graham AVE Winston Salem, NC 27101
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Key Details
Sold Price $192,500
Property Type Single Family Home
Sub Type Stick/Site Built
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1140228
Sold Date 05/31/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Originating Board Triad MLS
Year Built 1920
Lot Size 7,840 Sqft
Acres 0.18
Property Description
This investment property has been priced to allow for an investor to purchase as a turn-key long-term rental property that is already cash flowing. Total rent is $2000/month. Tenants are already in place with an option to keep the current property manager in place. Top unit is 3 beds/1 bath and is currently renting at $1200/month until 1/31/25. Lower level is in the finished basement w/ a separate entrance and it is 1 bed/1 bath and currently renting for $800/month until 11/30/24. Each unit has separate utility meters. Photos of the top unit are from before it was occupied. This property is not currently permitted as a duplex, but can continue to operate as-is if marketed as a SFR for rent. Buyer can also apply for re-zoning or a special use permit. Showings will only be conducted if acceptable terms of agreement can be reached to minimize the impact on current tenants. Porch/deck/stairs in the rear may need repairs/replacing. See MLS attachments for disclosures, leases, & pro forma.
Location
State NC
County Forsyth
Rooms
Basement Finished, Basement
Interior
Heating Baseboard, Forced Air, Electric, Natural Gas
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Living Room
Exterior
Pool None
Parking Type Driveway, On Street
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Petree
Middle Schools Winston-Salem Prep Academy
High Schools Carver
Others
Special Listing Condition Owner Sale
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Bought with nonmls