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504 W Sprague Street

Winston-Salem, NC 27127
  • $465,000
  • STATUS: Active
  • ON SITE: 97 Days
  • MLS #: 1158650
UPDATED: 50 min ago
$465,000
  • 5
    BEDS
  • 0.25
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,673
    SQFT
  • $278
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
County:
Area:

School Ratings & Info

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 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

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Listing information © 2025 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Cromer Property Group | Keller Williams are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2025-01-16T19:30:47.133.
www.cromerpropertygroup.com/homes/156594155
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504 W Sprague Street Winston-Salem, NC 27127

  • Price: $465,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 50 min ago
  • MLS #: 1158650
5
Beds
3
Baths
0
½ Baths
0.25
Acres
1,673
SQFT
$278
$/SQFT
1920
Built
Neighborhood:
Washington Park
County:
Forsyth
Area:
Forsyth
Property 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 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
Exterior Features

Construction Materials Vinyl Siding Garage Description Detached Carport Parking Features CarportDrivewayDetached Carport Pool Features None Pool YN No Porch YN Yes

Interior Features

Appliances MicrowaveCooktopDishwasherSlide-In Oven/RangeGas Water Heater Basement FinishedBasement Basement YN Yes Cooling Central Air Fireplaces Total 0 Flooring TileVinyl Full Baths Lower 1 Full Baths Main 2 Full Baths Upper 0 Half Baths Lower 0 Half Baths Main 0 Half Baths Upper 0 Heated Finished Sq Ft Basement 591 Heating Forced AirNatural Gas Interior Features Ceiling Fan(s)Dead Bolt(s)In-Law FloorplanPantrySolid Surface Counter Laundry Features 2nd Dryer Connection2nd Washer ConnectionDryer ConnectionIn BasementMain Level Primary On Main YN Yes Rooms Bedroom 2 (Main Level 12ft 5in x 12ft 3in) Breakfast (Main Level 15ft 4in x 12ft 6in) Living Room (Main Level 13ft 11in x 15ft 2in) Kitchen (Main Level 12ft 2in x 9ft 7in) Bedroom 3 (Main Level 10ft 11in x 12ft 4in) Primary Bedroom (Main Level 15ft 5in x 17ft 2in) Dining Room (Main Level 10ft 6in x 12ft 8in) Kitchen (Basement Level 18ft 6in x 13ft 9in) Bedroom 5 (Basement Level 12ft 8in x 9ft 7in) Bedroom 4 (Basement Level 15ft 1in x 9ft 1in) Rooms Total 10 Security Features Security SystemSmoke Detector(s) Water Heater Gas

Property Features

Association YN No Built Information Existing City Limits YN Yes Deed Restriction YN Yes Heating Fuel Natural Gas Levels One Lot Features City Lot Other Structures Storage Property Sub Type Stick/Site Built Second LQYN No Sewer Public Sewer Special Listing Conditions Owner Sale Structure Type House Tax Annual Amount 2898.18 Water Source Public

Listing information © 2025 Triad MLS, Inc. All rights reserved. Listing provided courtesy of The Andersson Group: . Information deemed reliable but not guaranteed.


Listing information © 2025 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Cromer Property Group | Keller Williams are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2025-01-16T19:30:47.133.
 
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Cromer Property Group | Keller Williams
1407-D Hwy 66 S
Kernersville NC, 27284