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927 Apple St 2 Unit Apartment Building Offered at $315,000 at a 11.31% Cap Rate Winston-Salem, NC 27101
Executive Summary
Recent Price Reduction — DUPLEX in Downtown Winston-Salem
Located at 927 Apple Street in highly sought-after downtown Winston-Salem, this duplex is within walking distance to downtown, Truist Stadium, coffee shops, bakeries, restaurants, and Carolina University.
Property Layout:
Unit A: 3 Bedrooms / 3 Bathrooms. Shared Kitchen and washer & Dryer hookups.
Rented by the room w/ private bathroom.
Unit B: 2 Bedrooms / 1 Bathroom
Rented as one unit
Occupied by a long-term small family tenant
Leases are month-to-month, providing flexibility for a new owner to maintain the current strategy or reposition the property.
Recent updates include:
Roof
Windows
Fresh paint
With the recent price reduction, this downtown duplex offers a unique opportunity for investors seeking strong rental demand, flexible income strategies, and walkable urban living.
Book your appointment today!
?? Call / Text / Email Derron at 919-500-2553
Located at 927 Apple Street in highly sought-after downtown Winston-Salem, this duplex is within walking distance to downtown, Truist Stadium, coffee shops, bakeries, restaurants, and Carolina University.
Property Layout:
Unit A: 3 Bedrooms / 3 Bathrooms. Shared Kitchen and washer & Dryer hookups.
Rented by the room w/ private bathroom.
Unit B: 2 Bedrooms / 1 Bathroom
Rented as one unit
Occupied by a long-term small family tenant
Leases are month-to-month, providing flexibility for a new owner to maintain the current strategy or reposition the property.
Recent updates include:
Roof
Windows
Fresh paint
With the recent price reduction, this downtown duplex offers a unique opportunity for investors seeking strong rental demand, flexible income strategies, and walkable urban living.
Book your appointment today!
?? Call / Text / Email Derron at 919-500-2553
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
1 1
Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | 6825-93-9543 | Total Assessment | $224,700 (2025) |
| Land Assessment | $32,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $192,700 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
6825-93-9543
Land Assessment
$32,000 (2025)
Improvements Assessment
$192,700 (2025)
Total Assessment
$224,700 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Presented by
JPAR Legacy Group
927 Apple St
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