$549,000

334 Waughtown St

Winston Salem NC, 27117

Description

Great chance to purchase a fully rented income property. Tremendous value add opportunity with below market rents and long term tenants in place. Boasts a CAP rate of 8.2%.

This 1925 former furniture factory was fully renovated in 2003 which created 11 retail suites. Both roofs were replaced, five and ten years ago. Ample off street parking for employees and customers.

Details

MLS#307710
StyleIndustrial
Sub-TypeResale
StatusActive
Year1925
Days On Site241

Features

SQ Feet9,945
Story(s)2
Zoning HB Highway Business

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Area Information

StateNC
CityWinston Salem
Zip Code27117
AreaForsyth
Listing VS Median (in 27117)
Price:
$549,000
low | high
Med:
$549,000
50% of Average
SqFt:
9,945
low | high
Med:
9,945
50% of Average
$ / SqFt:
$55
low | high
Med:
$55
50% of Average
On Site:
241
low | high
Med:
241
100% of Average
Listing Updated: 10/02/2019
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