356-358 Dixie Broadway - Residential Income FOR SALE


Winston-Salem, NC 27127- Sunnyside
$185,000 USD
336-987-0808
356-358 Dixie Broadway, Winston-Salem, NC for Sale
$185,000 USD
Residential Income - FOR SALE
1/9
null | 8.4% Cap Rate

356-358 Dixie Broadway
Winston-Salem, NC 27127
Sunnyside


HIGHLIGHTS

  • Fully occupied duplex providing immediate rental income.
  • Two leased residential units with established tenancy.
  • Recent renovations support tenant retention and marketability.
  • Offered at an advertised 8.4% capitalization rate.
  • Turnkey investment with no lease-up period required.
  • Manageable two-unit layout simplifies property operations.

OVERVIEW

356-358 Dixie Broadway offers investors the opportunity to acquire a fully occupied duplex in Winston-Salem, North Carolina. The property consists of two residential units, each configured as a one-bedroom, one-bathroom residence. Recent renovations have enhanced the property's condition and tenant appeal, allowing new ownership to benefit from an established rental operation without the need for immediate lease-up activity. With both units leased, the asset provides an in-place income stream from the outset. Positioned within Winston-Salem, one of the principal cities in North Carolina's Piedmont Triad region, the property benefits from access to a diverse economic base supported by healthcare, education, manufacturing, logistics, and professional services. The location provides connectivity to major regional transportation corridors serving the broader Triad market, contributing to continued residential demand throughout established neighborhoods. The property's scale and straightforward operating profile may appeal to investors seeking a manageable residential asset with limited operational complexity. Offered at $185,000 with an advertised capitalization rate of 8.4%, the property presents an opportunity for investors pursuing cash-flowing residential real estate at an accessible acquisition basis. The combination of full occupancy, recent renovations, and an existing tenant base supports income continuity while providing potential long-term value through continued ownership in an established Winston-Salem submarket.

FOR SALE DETAILS

PRICE

$185,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

8.4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

LI

APN/PARCEL ID

6834-69-0030

ASK ABOUT THIS PROPERTY

Phil TockmanNAI Piedmont TriadMore Info
336-987-0808

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Phil TockmanNAI Piedmont TriadMore Info
336-987-0808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.