$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

  • Interior Details
      • InteriorCeiling Fan(s), Dead Bolt(s), In-Law Floorplan, Pantry, Solid Surface Counter
    • Beds & Baths
      • Bedrooms5
      • Bathrooms3
      • Full Baths3
  • Property Details
      • Lot DescriptionCity Lot
    • Measurements
      • Acres0.25
      • Square Feet1673
    • Parking
      • Parking Spaces1
  • Construction Details
      • Basement DescriptionFinished, Basement
      • Property TypePurchase
      • Basement1
      • Basement Finished1
    • Condition
      • Year Built1920
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionWashington Park
    • Location
      • CountyForsyth
  • Financial Details
      • Taxes Annual$2,898
  • Other
      • MLS #1158650

Location

Chris Jones | Charles Jones Realty IncReal Estate Group
$
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
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Loan Amount
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