504 West Sprague Street
$465,000
5
3
—
—
$205
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...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
- Listed by Garrett Andersson • The Andersson Group
Property Details for 504 West Sprague Street
Flood Zone
Not in Flood Zone
ZoningRS7
LISTING UPDATED: 11/24/2024 09:52 PM
Property Details for 504 West Sprague Street
Status | Back On Market |
---|---|
MLS # | 1158650 |
Days on Market | 8 |
Taxes | $2,898 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Stick/Site Built |
Year Built | 1920 |
Lot Size | 0.25 AC / 10,890 SF |
County | Forsyth County |
Building Information for 504 West Sprague Street
Stories-Year Built1920Building Size-Lot Size0.25 AC / 10,890 SF
Property Information for 504 West Sprague Street
Property History for 504 West Sprague Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 504 West Sprague Street
Taxable ValueLand$19,800Additions$186,800Total$206,600
Tax Record2024$2,898 ($242 / month)
Home Facts
Beds5Baths3Total Finished SqFt2,339 SqFtAbove Grade Finished SqFt1,748 SqFtFinished Basement SqFt591 SqFtStories1Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1991ZoningRS7CountyFORSYTHAPN6834-16-3586.00Fireplace TypeHas Fireplace
Schools near 504 West Sprague Street
This home is within Winston Salem & Forsyth County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Latham Elementary PublicPK to 5 | ||
Philo Middle Public6 to 8 | ||
Parkland High Public9 to 12 | ||
Main Street Academy Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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