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š„ Winston-Salem Value-Add Deal | Light Rehab | Strong Cash Flow š„
Address: 2322 N Patterson Ave, Winston-Salem, NC 27105
Price: $140,000
Estimated Rent: ~$1,800/month
Property Overview
Well-maintained 3-bed, 2-bath home offering 1,825 sq ft on a 0.16-acre lot. This is a light rehab opportunity with major systems already updatedāideal for a quick flip or strong cash-flow rental.
Key Features
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3 Beds / 2 Baths
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1,825 Sq Ft
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0.16 Acre Lot
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Full Basement
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Garage
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Built in 1953
Condition & Systems
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Roof: Newer (1ā3 years)
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HVAC: Newer (central AC / heat pump)
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Water Heater: Newer
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Electrical: Updated
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Plumbing: Updated
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Windows: Newer
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Foundation: Good
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Estimated rehab: $10Kā$15K
Investment Highlights
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Minimal rehab = faster turnaround
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Estimated rent ~$1,800/month
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Major systems already done = low CapEx risk
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Ideal for fix & flip or buy-and-hold
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Strong rental demand in Winston-Salem
Deal Potential
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Flip with clean finishes for strong resale
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Rental with solid cash flow and low maintenance
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Quick value-add with limited work required
ā” Light rehab deals with updated systems and this kind of rent potential donāt last ā move quickly
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