Great Income Producer here! Home is tenant occupied at $700 per month Net Operating Income: $5,356/ (all upkeep expenses, insurance,& taxes accounted for) Cap Rate 15%, Value Income equals: $35,707! Such a convenient area (current tenant 10yrs!) expect little to no vacancy! All the numbers add up to a steal for you! Also check out these other producers mix & match if you like! (MLS#s: 621138, 621133, 621147, 621143, 621134, 621140).
Off market
Street View
$166,300
1218 E Sprague St, Winston Salem, NC 27107
3beds
2baths
1,527sqft
SingleFamily
Built in 1940
0.29 Acres lot
$166,300 Zestimate®
$109/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced air, Heat pump
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,527 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Other
Lot
- Size: 0.29 Acres
Details
- Parcel number: 6844154489000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
Materials
- Frame
- Foundation: Masonry
- Roof: Asphalt
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Winston Salem
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.