356-358 Dixie Broadway 2,068 SF Specialty Building Offered at $185,000 at a 8.40% Cap Rate in Winston-Salem, NC 27127

356-358 Dixie Broadway offers investors the opportunity to acquire a fully occupied duplex in Winston-Salem, North Carolina. The property consists of two residential units, each configured as a one-bedroom, one-bathroom residence. Recent renovations have enhanced the property's condition and tenant appeal, allowing new ownership to benefit from an established rental operation without the need for immediate lease-up activity. With both units leased, the asset provides an in-place income stream from the outset.
Positioned within Winston-Salem, one of the principal cities in North Carolina's Piedmont Triad region, the property benefits from access to a diverse economic base supported by healthcare, education, manufacturing, logistics, and professional services. The location provides connectivity to major regional transportation corridors serving the broader Triad market, contributing to continued residential demand throughout established neighborhoods. The property's scale and straightforward operating profile may appeal to investors seeking a manageable residential asset with limited operational complexity.
Offered at $185,000 with an advertised capitalization rate of 8.4%, the property presents an opportunity for investors pursuing cash-flowing residential real estate at an accessible acquisition basis. The combination of full occupancy, recent renovations, and an existing tenant base supports income continuity while providing potential long-term value through continued ownership in an established Winston-Salem submarket.