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927 Apple St 4 Unit Apartment Building Offered at $320,000 at a 11.13% Cap Rate Winston-Salem, NC 27101

Apartment Buildings North Carolina Winston-Salem 927 Apple St, Winston-Salem, NC 27101

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EXECUTIVE SUMMARY

Recent Price Reduction!!! Are you looking for an investment property in highly sought after downtown Winston Salem? Look no further than 927 Apple St. Walking distance to downtown, Truist Stadium, coffee shops, bakeries, restaurants and Carolina University. Currently leased with 3 great tenants in place: (2) Occupied En-suite bedrooms , (1) En-suite bedroom transferring vacant, (1) Occupied Guest suite rented long-term, (2Bdrm 1 Bath) Leases are currently month to month. Several recent updates including roof, windows, and fresh paint. Book your appointment today! Call/text/email Derron @ 919-500-2553

ATTACHMENTS

Apple St Rent Roll

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $320,000 Apartment Style Single-Family Home
Price Per Unit $80,000 Building Class C
Sale Type Investment Lot Size 0.19 AC
Cap Rate 11.13% Building Size 2,130 SF
Gross Rent Multiplier 7.8 Average Occupancy 75%
No. Units 4 No. Stories 2
Property Type
Multifamily
  • Multifamily Apartments
  • Multifamily Dormitory
 Year Built/Renovated 1885/2024
Zoning RM5
Price $320,000
Price Per Unit $80,000
Sale Type Investment
Cap Rate 11.13%
Gross Rent Multiplier 7.8
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
  • Multifamily Dormitory
Apartment Style Single-Family Home
Building Class C
Lot Size 0.19 AC
Building Size 2,130 SF
Average Occupancy 75%
No. Stories 2
Year Built/Renovated 1885/2024
Zoning RM5
1 1
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(919) 500-2553

Still interested?

Contact the broker for more information about this property

CONTACT

  • Derron Potts
    Derron Potts
  • JPAR Legacy Group

  • Listing ID: 37615475

  • Date on Market: 9/10/2025

  • Last Updated:

  • Address: 927 Apple St, Winston-Salem, NC 27101

More public record information on 927 Apple St, Winston-Salem, NC 27101

The Wachovia Highlands Multifamily Property at 927 Apple St, Winston-Salem, NC 27101 is currently available. Contact JPAR Legacy Group for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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927 Apple St
(919) 500-2553 x

927 Apple St

Derron Potts
(919) 500-2553

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