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🏡 Prime Off-Market Investment Opportunity – Winston-Salem, NC🏡

Snag this light rehab opportunity in the growing Winston-Salem market. Whether you're targeting your next turnkey rental or implementing a BRRRR strategy, 2232 Ivy Ave is prime—offering immediate equity, light rehab, and proximity to major employers, downtown, and public transit.

Why This Property Stands Out

• Instant Equity – Priced at $105,000 with an ARV of $180,000+, providing significant upside for investors.

• Solid Systems – Foundation, electrical, and plumbing are in good working order—no major mechanical concerns.

• Light Rehab Needed – Minor layout changes required to function as a true 3 bed / 1 bath. Currently using window units; central HVAC could be installed for added value.

• Metal Roof Installed in 2019 – Durable, low-maintenance roofing solution already in place.

• Unfinished Basement – 1,118 Sq Ft – A major bonus space with flexibility for storage.

• Seller Possession – Two-week possession period after closing requested.

Investment Snapshot

• Asking Price: $105,000

• After Repair Value (ARV): $180,000+

• Estimated Rehab Level: Light

• Strategy Suitability: Turnkey Rental or BRRRR

Rental Comparables – Strong Market Rents Nearby

The following rental comps demonstrate a healthy rental market with rates ranging from $1,250 to $1,395/month. All comps are within close proximity and support strong projected cash flow.

420 E Twenty-fifth St – 1,231 sqft | Rented for $1,250/month ($1.02/sqft)

2910 N Glenn Ave – 1,160 sqft | Rented for $1,395/month ($1.20/sqft)

2333 Greenway Ave NW – 1,130 sqft | Rented for $1,300/month ($1.15/sqft)

Walkthrough Details

Scheduled Walkthrough: Friday June 6th

Contact us to reserve your spot!