$465,000
For Sale

504 W Sprague Street

Winston-Salem, NC 27127
1673 sqft | 5 beds | 3 baths | 0.25 acres | #1158650
Browse 44 photos
Type:Purchase
Structure:House
Zone:Residential

Description

SELLER FINANCE opportunity on a cash flowing rental! Currently split into two operational Airbnb units, 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, 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 www.theanderssongroup.com

  • Property Details
      • InteriorCeiling Fan(s), Dead Bolt(s), In-Law Floorplan, Pantry, Solid Surface Counter
      • Basement DescriptionFinished, Basement
      • Property SubtypeStick/Site Built
      • SubdivisionWashington Park
      • Sewer InformationPublic Sewer
      • Lot DescriptionCity Lot
      • Property TypePurchase
      • CountyForsyth
      • MLS #1158650
      • MLS #1158650
      • Utility SourcePublic
      • Taxes Annual$2,898
      • Cost465000
      • Acres0.25
      • Square Feet1673
      • Year Built1920
      • Bedrooms5
      • Bathrooms3
      • Full Baths3
      • Parking Spaces1
      • Basement1
      • Basement Finished1

Location

Sandman Realty powered by Keller Williams Realty EliteReal Estate Group

Interested in Purchasing 504 W Sprague Street?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00