2322 Patterson Ave, Winston-Salem, NC 27105, USA

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🔥 Winston-Salem Value-Add Deal | Light Rehab | Strong Cash Flow 🔥

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 updated—ideal for a quick flip or strong cash-flow rental.

Key Features

• 3 Beds / 2 Baths
• 1,825 Sq Ft
• 0.16 Acre Lot
• Full Basement
• Garage
• Built in 1953

Condition & Systems

• Roof: Newer (1–3 years)
• HVAC: Newer (central AC / heat pump)
• Water Heater: Newer
• Electrical: Updated
• Plumbing: Updated
• Windows: Newer
• Foundation: Good
• Estimated rehab: $10K–$15K

Investment Highlights

• Minimal rehab = faster turnaround
• Estimated rent ~$1,800/month
• Major systems already done = low CapEx risk
• Ideal for fix & flip or buy-and-hold
• Strong rental demand in Winston-Salem

Deal Potential

• Flip with clean finishes for strong resale
• Rental with solid cash flow and low maintenance
• Quick value-add with limited work required

⚡ Light rehab deals with updated systems and this kind of rent potential don’t last — move quickly
 

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Resources:

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