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1160 Castlegate Dr, Winston-Salem, NC 27103, USA
Under Contract

$155,000

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: ⬇️

https://calendly.com/ctciginc-sales-walkthrough/castlegate

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

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