504 W Sprague Street
Winston-Salem, NC 27127
- 5 beds
- 3 baths
- 10,890 sqft lot
- 1920 build
- – on site
FULLY FURNISHED, cash flowing rental! Currently split into two operational Airbnb units, with the option for a third unit in back, this home offers flexibility for investors and homeowners alike. The main floor features a 3-bed, 2-bath unit with an open living area, modern kitchen, and comfortable bedrooms. Downstairs, the 2-bed, 1-bath basement unit has its own private entrance, ideal for extra income or guest accommodations. Combined, the units have grossed over $58K in the last 12 months using Airbnb, with over $8k alone this May, showcasing its strong income potential. The home also includes a shed/storage area that could be converted into a third studio unit, further maximizing rental income. It can also be rented on a mid-term basis through platforms like Furnished Finder, appealing to extended-stay renters or professionals. With minimal effort, the home could also be reconnected to serve as a 5-bed, 3-bath single-family home if need be. More details at www.theanderssongroup.com
Last checked:
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Last updated May 14, 2025
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MLS# 1181013 ā
The Building
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Year Built:1920
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Construction Materials:Vinyl Siding
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Built Information:Existing
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Structure Type:House
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Porch:true
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Basement:Finished
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Basement:591
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Basement:true
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Security Features:Security System
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Building Area Total:2264
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Heated Finished Sq Ft Main:1673
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Basement:true
Interior
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Rooms Total:10
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Interior Features:Ceiling Fans
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Levels:One
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Flooring:Tile
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Laundry Features:2nd Dryer Connection
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Primary On Main:true
Location
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Directions:Take I-40 East to the Peters Creek exit. Turn left onto Peters Creek, then right onto Silas Creek. Turn left onto Buchanan, then right onto Salisbury Ridge. Turn right onto Freeman, then right onto Sprague. The home will be on the left.
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Latitude:36.069356
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Longitude:-80.248953
The Property
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Property Type:Residential
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Property Subtype:Stick/Site Built
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Lot Features:City Lot
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Lot Size Acres:0.25
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Lot Size Dimensions:148' x 63' x 145' x 85'
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Zoning:RS7
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Price Per Acre:1836000
Listing Agent
- Contact info:
- Agent phone:
- (828) 260-1877
- Office phone:
- (828) 260-1877
Taxes
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Tax Annual Amount:$2,898.18
Beds
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Bedrooms Total:5
Baths
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Baths:3
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Full Baths:3
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Total Baths:3
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Main Level Baths:2
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Full Baths Main:2
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Full Baths Lower:1
The Listing
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Special Listing Conditions:Owner Sale
Heating & Cooling
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Cooling:Central Air
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Heater:Gas
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Water Source:Public
Appliances
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Appliances:Microwave
The Community
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Subdivision Name:Washington Park
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Pool:false
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Pool Features:None
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Association:false
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Association:Winston-Salem
Parking
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Garage Spaces:1
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Garage Description:Detached Carport
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Parking Features:Carport
Extra Units
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Other Structures:Storage
Monthly cost estimate

Asking price
$459,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,457
|
Taxes | $241 |
Insurance | $126 |
Utilities | $203 See report |
Total | $3,027/mo.* |
*This is an estimate |
Soundscoreā¢
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Air Pollution Index
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/14/25
May 14, 2025
|
Listed / Active | TRIAD | $459,000 |