2055 W Academy Street, Winston-Salem, NC 27103

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Sold Price
$227,500
List Price
$279,500
Closing Date
Jun 26, 2026
MLS#
1199328
Status
CLOSED
Type
Multifamily
Subtype
Duplex
Lot Size
7,405
Neighborhood
Ardmore

Property Description

Charming 1923 Duplex with Income Potential – Tenant in Place This well-maintained 1923 home is thoughtfully divided into two spacious 2-bedroom units, offering excellent flexibility for investors or owner-occupants alike. The main level unit is currently tenant-occupied with a lease in place through May 1, 2026, generating $800/month in rental income. The upper unit is vacant and ready for a new tenant or personal use. Both units feature separate electric meters, shared water service, and gas heat. The lower unit offers the comfort of central air conditioning, while the upper unit is equipped with window A/C units. Enjoy the beautifully landscaped yard filled with mature plants and flowers, a welcoming covered front porch perfect for relaxing, and a charming back deck overlooking the serene backyard. The property also includes a shared driveway and shared yard space. Seller is motivated!

Additional Information

Acres
0.17
Appliances
Gas Water Heater
Built Information
Existing
Cooling Type
Central Air, Multi Units, Other, Window Unit(s)
Heating
Heat Pump, Natural Gas
Heating Fuel
Natural Gas
Lot Size
7,405
Parking
Driveway, On Street
Sewer
Public Sewer
Show Street Address
Yes
Subdivision
Ardmore
Total Units
2
Water
Public
Water Heater
Gas
Year Built
1923

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Advantage. Contact:

Selling Office: Team RDE LLC.