Available
$98,500(ARV: $175,000)56% of ARV

Forsyth County, Winston-Salem, NC 27101

2 bd1 ba724 sfBuilt 1953

3 days ago

Gross spread$76,500

Description

Affordable investment opportunities in Winston-Salem are becoming increasingly difficult to find—especially properties priced under $100,000 with this much upside. Properties with this kind of upside at this price don't stay available for long! ONLY $98,500 Affordable Investment Opportunity with Strong Upside! Whether you're looking to add another rental to your portfolio, complete a BRRRR project, or purchase your next flip, this property is priced to make sense. PROPERTY FEATURES 2 Bedrooms | 1 Bathroom Approximately 724 Sq. Ft. Large 0.38-Acre Lot Brick Home with Fireplace Gas Forced-Air Heat Tenant Occupied Through the End of August Available for Renovation or Re-Leasing After Tenant Vacates Located in an Established Neighborhood with Strong Rental Demand RECENT AREA SALES Recent nearby home sales demonstrate continued demand in the area: 4096 New Walkertown Rd – Sold for approximately $180,000 (February 2026) 2878 Amber Ln – Sold for approximately $165,000 (February 2026) 160 Brevard St – Sold for approximately $160,000 (April 2026) These sales suggest excellent upside for investors who renovate and modernize properties. PROJECTED INVESTMENT NUMBERS* Estimated Rehab: $20,000–$25,000 Estimated After Repair Value (ARV): $165,000–$180,000 Estimated Market Rent After Renovation:$1,300–$1,450/month Call or Text me today for information, tenant details, and additional property information. Cash Buyers • Investors • Private Lenders Welcome

Verified — contract control only

The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.

$/sqft vs market

This deal$136/sqft
Market median$143/sqft
Difference5% below

Median of 15 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms2
Bathrooms1
Square feet724
Lot size16,553 sf
Year built1953
ConditionLight Rehab
OccupancyTenant Occupied
ParkingDriveway

Systems & condition

Roof age4-10 yrs
HeatingHeat pump · 6-10 yrs
Air conditioningCentral AC
FoundationCrawlspace
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing59
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