A Great deal in Winston Salem for Buy and Holds with long term tenants. It also has the potential for a fix and flip at a later time. The tenant has been there for 7 years and would be open to staying. The current lease is $850/mo. On a month-to-month basis.
ASKING PRICE: $90,000
Property address: 5449 Shattalon Drive, Winston Salem, North Carolina 27106
Market Rent Estimate – $950
ARV: 130-140K best use most likely a rental
Property details- 2,038 sqft, 1.5 stories on 0.68 acre.
3 bedrooms/ 1.5 baths. No HVAC. Unfinished basement. Built-in 1948
Property pictures- https://drive.google.com/drive/folders/1WW2NvM0WiRtSVrRRVVAX8VEnAFlSUH23?usp=sharing
Additional info: New roof in 2016, bathrooms remodeled in 2017 & 2019. Connected to City sewer in February 2017. The lot is deep and could possibly be platted into 2 lots.