1242 Academy Street
Winston Salem, NC
$650,000
Details & Amenities
Discover a unique investment at 1242 West Academy St., ideally located near the Winston-Salem Dash Stadium. This fully-rented triplex on a 0.99-acre lot has been recently rezoned to RM-18, allowing for expansion to 14 additional apartments. Architecturally designed and engineered plans for the new development are included. Current tenants are on month-to-month leases, providing flexibility and immediate cash flow, with significant potential for rent increases.
Key Features:
-Prime location near downtown and stadium.
-Fully rented triplex with room for rent growth.
-Potential to develop 14 new apartments.
-Month-to-month tenants.
Please do not disturb tenants. Contact us for more information. Note: Listing agent has ownership interest in the property.
Property Type:
Residential Income
Map
This property is a listing of Dalton Wade, Inc..Listings courtesy of Canopy MLS as distributed by MLS GRID.
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