613 North Dunleith Avenue

Winston-Salem, NC 27101

$275,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to an exceptional investment opportunity in Winston Salem! This property features two duplexes and a former duplex converted into a spacious 2-bed, 2-bath single residence, with potential to revert to two 1-bed, 1-bath units. Each property offers a functional layout and a full unfinished basement. Duplex 1: Charming duplex with two 1-bed, 1-bath units. Rents below market value with potential for increase. Full basement for expansion. Duplex 2: Similar layout with two 1-bed, 1-bath units....Welcome to an exceptional investment opportunity in Winston Salem! This property features two duplexes and a former duplex converted into a spacious 2-bed, 2-bath single residence, with potential to revert to two 1-bed, 1-bath units. Each property offers a functional layout and a full unfinished basement. Duplex 1: Charming duplex with two 1-bed, 1-bath units. Rents below market value with potential for increase. Full basement for expansion. Duplex 2: Similar layout with two 1-bed, 1-bath units. Rents below market, immediate cash flow potential. Full basement for expansion. Former Duplex Conversion: Currently a 2-bed, 2-bath single residence, convertible back to two 1-bed, 1-bath units. Comfortable living layout with full basement. Rents range from $350 to $675 per month, below market value. With rising rental demand, there's ample opportunity to maximize returns by making improvements and some repairs. Don't miss out on this prime investment opportunity in Winston Salem
  1. Listed by Marcel Perez-Ayala • Alterna Real Estate

Property Details for 613 North Dunleith Avenue

Flood Zone
Not in Flood Zone
Zoning
rs7

Location

Listing Courtesy of Alterna Real Estate
Add your commute
LISTING UPDATED: 04/22/2024 08:25 PM

Property Details for 613 North Dunleith Avenue

StatusPrice Change
MLS #1136930
Days on Market37
Taxes$803 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1955
Lot Size0.29 AC / 12,632 SF
CountyForsyth County

Location

Listing Courtesy of Alterna Real Estate
Add your commute

Building Information for 613 North Dunleith Avenue

Stories-Residences5Year Built1955Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$1,568 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,501

Property Taxes

$67

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 613 North Dunleith Avenue

Summary
Location and General Information
  • County Or Parish: Forsyth
  • City: Winston Salem
  • Directions: 613 N Dunleith
  • Latitude: 36.101767
  • Longitude: -80.226479
  • Postal Code: 27101
  • Postal Code Plus 4: 3373
Taxes and HOA Information
  • List AOR: Winston-Salem
  • Tax Rate: 2.00%
  • Tax Annual Amount: $803.00
  • Tax Assessed Value: $61,000.00
  • Tax Year: 2022
  • Parcel Number: 6835787105
  • Association: No
Parking
  • Parking Features: See Remarks, No Garage
  • Garage Description: None
Property
Lot Information
  • Lot Size Acres: 0.29
  • Lot Size Dimensions: .29
  • Built Information: Existing
  • Storage: Closet
  • Total Heated Finished SqFt Range: 0 - 0
  • Water Source: Public
  • Year Built: 1955
Property and Assessments
  • Photos Count: 4
  • Property Type: Residential Income
  • Deed Book: 2022
  • Deed Page: 3228
  • Environmental Hazards: No
Utilities
  • Heating Fuel: Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Construction Materials: Brick, Vinyl Siding
  • Pool: No
Interior Features
  • Appliances: Gas Water Heater
  • Cooling: Remarks
  • Flooring: Laminate, Wood
  • Heating: Forced Air, Natural Gas
Multi Family
Multi-Family Information
  • Number of Unfurnished Units: 5
  • Total Units: 5
  • Units Furnished: None
  • Number Of Units In Community: 5
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell
  • Number Of Units Leased: 4

Property History for 613 North Dunleith Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 613 North Dunleith Avenue

Taxable ValueLand$21,000Additions$40,100Total$61,100
Tax Record2023$818 ($68 / month)
Home Facts
Baths4Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtUnfinished Basement SqFt1,120 SqFtStories1Lot Size12,632 SqFtStyleMulti-Family Dwelling (2-4)Year Built1955ZoningRS7CountyFORSYTHAPN6835-78-7105.00Fireplace TypeHas Fireplace

Schools near 613 North Dunleith Avenue

This home is within Winston Salem & Forsyth County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Petree Elementary
PublicPK to 5

East Forsyth Middle
Public6 to 8

Carver High
Public9 to 12

J. F. Kennedy High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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613 North Dunleith Avenue is a multi-family home for sale in Winston-Salem, NC 27101. This property was listed for sale on March 23, 2024 by Alterna Real Estate, it's currently listed at $275,000. This listing's school district is Winston Salem & Forsyth County School District. Nearby schools include Petree Elementary, East Forsyth Middle and Carver High. 613 North Dunleith Avenue is a 0-bed, 0-bath, multi-family home built in 1955.

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 Alterna Real Estate

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