1242 W ACADEMY ST
WINSTON SALEM, NC 27103
$650,000
0 Beds
0 Baths
2,668 Sq Ft
Status Active
MLS# 4142395
Discover a unique investment at 1242 West Academy St., ideally located near the Winston-Salem Dash Stadium. This fully-rented triplex on a 0.99-acre lot has been recently rezoned to RM-18, allowing for expansion to 14 additional apartments. Architecturally designed and engineered plans for the new development are included. Current tenants are on month-to-month leases, providing flexibility and immediate cash flow, with significant potential for rent increases. Key Features: -Prime location near downtown and stadium. -Fully rented triplex with room for rent growth. -Potential to develop 14 new apartments. -Month-to-month tenants. Please do not disturb tenants. Contact us for more information. Note: Listing agent has ownership interest in the property.
Details for 1242 W ACADEMY ST
$244 / Sq Ft
0 parking spaces
Electric
28 Days on website
0.99 acres lot
Area Information for 1242 W ACADEMY ST
![](https://maps.googleapis.com/maps/api/staticmap?center=36.084382,-80.25919&zoom=15&size=750x250&scale=1&style=feature:poi|visibility:off&style=feature:administrative|visibility:off&markers=icon:https://peak-static-prod.remax.eng.remax.tech/web/map-pins/listing-details-pin@1x.png|scale:1|36.084382,-80.25919&key=AIzaSyDxUJRZlcKFGYI5UKOu52lQV-aACGxLtSs&signature=8LuXtCHRuDkAgNpLd_VYB89bYN0=)