811 W 5th Street 301, Winston-salem, NC 27101

$209,995 Asking Price

1 bed
2 baths
888  sqft
Built in 1956

DOWNTOWN LOVERS & INVESTORS! Discover urban living at its finest in downtown Winston-Salem! This unique condo, converted from a commercial building in 1985, blends industrial charm and commercial grade infrastructure with modern comforts. Over 800 square feet of spacious living space is paired with recent updates, including granite countertops, engineered hardwood floors, and paint! Situated in the vibrant and growing downtown area, this property also offers investment opportunity! Currently, it serves as a midterm rental for travel nurses at $1,600/month as well as an Airbnb. The thriving downtown area boasts a rich arts scene, great dining options, and convenient access to local businesses and transportation options. All furnishings are available for purchase, and ALL APPLIANCES CONVEY (including washer & dryer) making this an easy transition for any buyer or investor!


Features & Amenities

Interior

Appliances:
Built-In Range, Dishwasher, Range Hood, Electric Water Heater
Basement:
Basement
Flooring:
Engineered, Tile
A/C:
Central Air
Heating:
Forced Air, Electric
Fireplace:
Fireplaces: 0

Exterior

Pool:
None
Parking:
Deck

Construction

General:
Brick, One

Location

HOA Amenities:
333.0, Monthly
Originating MLS:
Triad MLS
County:
Forsyth

Lot

Zoning:
PB, 6825973267

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Triad MLS

This listing courtesy of:
Gray France Properties, De'Von France

About Winston Salem, NC

Housing

Number of Units
122,715
Median Home Value
$180,635
Median Rent
$721

45.52% of housing units are renter occupied.

8.64% are vacant.

Commute

Car
74.40%
Public Transportation
1.15%
Walk to Work
1.49%
Work from Home
21.95%
Other
0.78%

The median travel time to work is 18 minutes.

People

Population
274,519
Median Age
37.20
Median Household Size
2.49

Education

High School
25.97%
Associate’s Degree
8.28%
Bachelor’s Degree
20.37%
Graduate Degree
13.85%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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