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356-358 Dixie Broadway 2,068 SF Specialty Building Offered at $259,196 CAD at a 8.40% Cap Rate in Winston-Salem, NC 27127



Investment Highlights
- Fully occupied duplex providing immediate rental income.
- Recent renovations support tenant retention and marketability.
- Turnkey investment with no lease-up period required.
- Two leased residential units with established tenancy.
- Offered at an advertised 8.4% capitalization rate.
- Manageable two-unit layout simplifies property operations.
Executive Summary
356-358 Dixie Broadway offers investors the opportunity to acquire a fully occupied duplex in Winston-Salem, North Carolina. The property consists of two residential units, each configured as a one-bedroom, one-bathroom residence. Recent renovations have enhanced the property's condition and tenant appeal, allowing new ownership to benefit from an established rental operation without the need for immediate lease-up activity. With both units leased, the asset provides an in-place income stream from the outset.
Positioned within Winston-Salem, one of the principal cities in North Carolina's Piedmont Triad region, the property benefits from access to a diverse economic base supported by healthcare, education, manufacturing, logistics, and professional services. The location provides connectivity to major regional transportation corridors serving the broader Triad market, contributing to continued residential demand throughout established neighborhoods. The property's scale and straightforward operating profile may appeal to investors seeking a manageable residential asset with limited operational complexity.
Offered at $185,000 with an advertised capitalization rate of 8.4%, the property presents an opportunity for investors pursuing cash-flowing residential real estate at an accessible acquisition basis. The combination of full occupancy, recent renovations, and an existing tenant base supports income continuity while providing potential long-term value through continued ownership in an established Winston-Salem submarket.
Positioned within Winston-Salem, one of the principal cities in North Carolina's Piedmont Triad region, the property benefits from access to a diverse economic base supported by healthcare, education, manufacturing, logistics, and professional services. The location provides connectivity to major regional transportation corridors serving the broader Triad market, contributing to continued residential demand throughout established neighborhoods. The property's scale and straightforward operating profile may appeal to investors seeking a manageable residential asset with limited operational complexity.
Offered at $185,000 with an advertised capitalization rate of 8.4%, the property presents an opportunity for investors pursuing cash-flowing residential real estate at an accessible acquisition basis. The combination of full occupancy, recent renovations, and an existing tenant base supports income continuity while providing potential long-term value through continued ownership in an established Winston-Salem submarket.
Property Facts
| Price | $259,196 CAD | Building Class | C |
| Price Per SF | $125.34 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 2,068 SF |
| Cap Rate | 8.40% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1999 |
| Property Subtype | Residential Income | Opportunity Zone |
Yes
|
| Zoning | LI - Light Industrial | ||
| Price | $259,196 CAD |
| Price Per SF | $125.34 CAD |
| Sale Type | Investment |
| Cap Rate | 8.40% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,068 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Opportunity Zone |
Yes |
| Zoning | LI - Light Industrial |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 6834-69-0030 | Improvements Assessment | $186,761 CAD |
| Land Assessment | $18,214 CAD | Total Assessment | $204,975 CAD |
Property Taxes
Parcel Number
6834-69-0030
Land Assessment
$18,214 CAD
Improvements Assessment
$186,761 CAD
Total Assessment
$204,975 CAD
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356-358 Dixie Broadway
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