504 W Sprague Street, Winston-Salem, NC 27127

$450,000
5
BD
3
BA
2,264
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of The Andersson Group. Contact:

List Price
$450,000
Price Change
▼ $9,000 1757473767
Status
ACTIVE
MLS#
1181013
Bedrooms
5
Bathrooms
3
Full-baths
3
Living Area
2,264
Lot Size
10,890
Subdivision
Washington Park
Neighborhood
Washington Park
Year Built
1920
Acres
0.25

Property Description

FULLY FURNISHED, cash flowing rental! Currently split into two operational Airbnb units, with the option for a third unit in back, this home offers flexibility for investors and homeowners alike. The main floor features a 3-bed, 2-bath unit with an open living area, modern kitchen, and comfortable bedrooms. Downstairs, the 2-bed, 1-bath basement unit has its own private entrance, ideal for extra income or guest accommodations. Combined, the units have grossed over $58K in the last 12 months using Airbnb, with over $8k alone this May, showcasing its strong income potential. The home also includes a shed/storage area that could be converted into a third studio unit, further maximizing rental income. It can also be rented on a mid-term basis through platforms like Furnished Finder, appealing to extended-stay renters or professionals. With minimal effort, the home could also be reconnected to serve as a 5-bed, 3-bath single-family home if need be. More details at agent's website.

Additional Information

Interior Features
Ceiling Fan(s), Dead Bolt(s), In-Law Floorplan, Pantry, Solid Surface Counter
Parking
Carport, Driveway, Detached Carport
Garage Spaces
1
Lot Description
City Lot
Water
Public
Flooring
Tile, Vinyl
Heating
Forced Air, Natural Gas

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks