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    OFF-MARKET
    Small apartment buildings

    2405 Markwood Ln, Winston-Salem, NC 27107

    3,500 SF 0.61 ac lot
    Property ID
    US53-2090249
    Property summary
    AI-generated overview

    This exceptional six-unit apartment building, located at 2405 Markwood Lane in Winston-Salem, North Carolina (Forsyth County, zip code 27107), presents a compelling investment opportunity. The property boasts a total of 3,500 square feet situated on a 0.61-acre lot. Each of the six units is a one-bedroom, one-bathroom apartment, currently all occupied and generating steady rental income. Rent ranges from $600 to $650 per month. All units have recently undergone renovations, ensuring a high-quality living experience for tenants. The building itself is constructed of brick, promising durability and low maintenance. This multifamily property is conveniently located and easily accessible, with directions provided as follows: Coming from Willard Rd., turn left, then left onto Markwood Ln. The asking price for this well-maintained, income-producing asset is $349,900. This represents a strong opportunity for investors seeking a reliable and profitable addition to their portfolio. Please note that photos represent the property's condition prior to current tenant occupancy.

    Property profile
    Verified
    Property type Small apartment buildings
    Total area 3,500 SF
    Lot 0.61 ac (26,572 SF)
    UPID US53-2090249
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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