1111-1109,1047 W Academy Street

1111-1109,1047 W Academy Street

Winston-Salem, NC 27101

$2,075,000
Price
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Beds
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Sq. Ft.
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per Sq. Ft.

Description

Value add Opportunity. 3 buildings with 26 units in total. Centrally located minutes from downtown. 19 out of 26 units have been renovated and proven to bring market rents. These Units Are occupied DO NOT DISTURB THE TENANTS, All Showings are by appointment only.Value add Opportunity. 3 buildings with 26 units in total. Centrally located minutes from downtown. 19 out of 26 units have been renovated and proven to bring market rents. These Units Are occupied DO NOT DISTURB THE TENANTS, All Showings are by appointment only.
  1. Listed by Christian Courtney • GAC Management Group

Property Details for 1111-1109,1047 W Academy Street

Flood Zone
Not in Flood Zone
Zoning
RM-18

Location

Listing Courtesy of GAC Management Group
Add your commute
LISTING UPDATED: 05/14/2024 06:11 PM

Property Details for 1111-1109,1047 W Academy Street

StatusPrice Change
MLS #1137486
Days on Market21
Taxes$9,740 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1965
CountyForsyth County

Location

Listing Courtesy of GAC Management Group
Add your commute

Building Information for 1111-1109,1047 W Academy Street

Building/Complex1111-1109 1047 W Academy StFloor-Stories-Residences26Pet Policy-Year Built1965Building Size-

Payment Calculator

$12,136 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,324

Property Taxes

$812

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1111-1109,1047 W Academy Street

Summary
Location and General Information
  • County Or Parish: Forsyth
  • City: Winston Salem
  • Directions: From 421 S Taketake exit 234 A Peters Creek Parkway Left on to Peter Creek then Left on to Academy.
  • Latitude: 36.084841
  • Longitude: -80.255098
  • Postal Code: 27101
  • City Limits: Yes
Taxes and HOA Information
  • List AOR: Winston-Salem
  • Tax Rate: 1.34%
  • Tax Annual Amount: $9,740.00
  • Tax Assessed Value: $724,700.00
  • Tax Year: 2022
  • Parcel Number: 6825921102,6825922116682592322
  • Association: No
Parking
  • Parking Features: Paved
Property
Lot Information
  • Lot Features: City Lot
  • Lot Size Acres: 1.15
  • Approx Sq Ft Range: 7700 - 9100
  • Built Information: Existing
  • Total Heated Finished SqFt Range: 0 - 0
  • Water Source: Public
  • Year Built: 1965
Property and Assessments
  • Photos Count: 35
  • Property Type: Residential Income
  • Deed Book: 3729,
  • Deed Page: 3472
  • Environmental Hazards: No
Utilities
  • Heating Fuel: Electric
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Pool: No
Interior Features
  • Appliances: Electric Water Heater
  • Cooling: Window Unit(s)
  • Flooring: Vinyl
  • Heating: Baseboard, Forced Air, Electric
Multi Family
Multi-Family Information
  • Number of Unfurnished Units: 26
  • Total Units: 26
  • Units Furnished: None
  • Number Of Units In Community: 14
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell

Property History for 1111-1109,1047 W Academy Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

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More information about 1111-1109,1047 W Academy Street, Winston-Salem, NC 27101

1111-1109,1047 W Academy Street is a multi-family home for sale in Winston-Salem, NC 27101. This property was listed for sale on April 1, 2024 by GAC Management Group, it's currently listed at $2,075,000. 1111-1109,1047 W Academy Street is a 0-bed, 0-bath, multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GAC Management Group

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