$450,000

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 $199/sqft
  • Property List Date Icon Listed 1 year 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 agent's website.

Listing Status:
Active
Date Added:
May 14, 2025
Data Last Updated:
July 5, 2026 at 2:08AM
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
  • General: Storage
  • Pool: None
  • Parking: CarportDrivewayDetached Carport
  • General: Vinyl SidingOne
  • Originating MLS: Triad MLS
  • County: Forsyth
  • Zoning: RS76834163586
  • Water: Public
  • Sewer: Public Sewer
  • Source: Triad MLS

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

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