
Property Description
🏡 Off-Market Investment Opportunity – Winston-Salem, NC 🏡
Seize this high-potential off-market deal in the heart of Winston-Salem! Whether you're looking to flip or rent, this split level 3br/2ba property offers a powerful upside with room to create real equity.
Why This Property Stands Out
🔹 Solid Structural Condition – Plumbing and electrical systems are in good shape with no known issues. The foundation is stable, giving you a reliable starting point for renovations.
🔹 Medium to Heavy Rehab Opportunity – While the property will need a new roof and HVAC replacement, the core systems are intact. With the right updates, this 1,575 sqft split level home can shine again.
🔹 High ARV Potential – Estimated After Repair Value (ARV) is $280,000+, leaving significant room for profit after renovation.
🔹 Investment Terms – Seller requires 21-day possession post-closing with $10,000 held in escrow. The closing date is scheduled for May 15, 2025.
Comparable Sales
📍 Recent comps in the area highlight the strong market
CLOSED
1255 Jude Dr – 1,462 sqft | Sold for $299,999 ($205.20/sqft)
3 Danby Dr – 1,403 sqft | Sold for $282,000 ($201.00/sqft)
DUE DILIGENCE PERIOD
419 Hathaway Dr – 1,615 sqft | Listed: $295,000 ($182.66/sqft)
PENDING
120 Flintfield Dr – 1,863 sqft | Pending at $274,900 ($147.56/sqft)
ARVs in the neighborhood support resale values over $280K for similar renovations.
Walkthrough Details
📅 Scheduled Walkthrough: April 29th – Contact us today to reserve your spot.
This is a rare off-market opportunity in a thriving area of Winston-Salem. Whether you’re a seasoned investor or a savvy buyer, 1160 Castlegate Dr. could be your next big win.
🔥RESERVE your walkthrough spot here: ⬇️
Contact Agent
336-907-5018
Property Details
Property Type
Split Level
Bedrooms
3
Bathrooms
2
Acre Lot
.30
Roof Age
Needs to be replaced
Size
1,575 sqft
Floors
1
Year Built
1976
HVAC Age
Will need to be replaced
Water Source
City
Property Location
1160 Castlegate Dr, Winston-Salem, NC 27103, USA