504 W Sprague Street, Winston-Salem, NC 27127

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

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List Price: $450,000
Price Change: ▼ $9,000 1757473767
MLS#: 1181013
Status: ACTIVE
Type: Single Family Residential
Subtype: Stick/Site Built
Bedrooms: 5
Bathrooms: 3
Full-baths: 3
Living Area: 2,264
Lot Size: 10,890
Neighborhood: Washington Park
Garage Spaces: 1

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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.

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