$459,000

504 W Sprague Street, Winston-salem, NC 27127

  • 5 beds |
  • 3 baths |
  • 2,264 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $203/sqft
  • Property List Date Icon Listed 3 months ago

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 www.theanderssongroup.com

Listing Status:
Active
Date Added:
May 14, 2025 at 05:00AM
Listing Office:
The Andersson Group : 828-260-1877
Listing Agent:
Garrett Andersson : 828-260-1877
MLS ID:
1181013
  • General: Ceiling Fan(s)Dead Bolt(s)In-Law FloorplanPantrySolid Surface Counter
  • Appliances: MicrowaveCooktopDishwasherFree-Standing RangeGas Water Heater
  • Laundry: 2nd Dryer Connection2nd Washer ConnectionDryer ConnectionIn BasementMain Level
  • Basement: FinishedBasement
  • Flooring: TileVinyl
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Garrett Andersson, The Andersson Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Diggs-Latham Elementary School

986 Hutton St, Winston Salem, NC, 27101

Grades PK-5

0.79 miles away

M

Main Street Academy

2700 S Main St, Winston Salem, NC, 27127

Grades 6-12

0.66 miles away

M

Main Street Academy

2700 S Main St, Winston Salem, NC, 27127

Grades 6-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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