| Total After Repair Value | 280k-300k (MUST ADD 4TH BEDROOM) |
| Total Optimized Rent | $1,600+ |
| Total Current Rent | Vacant |
| Starting Price | $195,000 |
| Buy it Now Price | $200,000 |
Property
| Address | City | Bedroom | Bathroom | Sqft | Acres | ARV | Current Rent | Optimized Rent |
| 2161 Sallies Lane | Winston Salem | 3 | 2 | 1,350 | .47 | $280k-300k | Vacant | $1,600+ |
Comparables
| Subject | City | Comp Link |
| 2161 Sallies Lane | Winston Salem | Click Here |
Details
| System | Notes |
| Roof | No leaks but near/at end of life |
| Heating | Oil – Replace/Repair *CHECK CONDITION OF OIL TANK |
| Air Conditioning | Central – Replace/Repair |
| Plumbing | Cast iron drain line has leak but being replaced |
| Electrical | 200 amp, no reported issues |
| Windows | Wood |
| Subfloor | Slab on the lower level, wood subfloor on upper |
| Water Heater | Electric, No Reported Issues |
| Water Source | City |
| Sewer Source | City |
Description
🔥 Value-Add Potential + Great Condition + Strong Comps
Introducing a well-kept property in Greensboro with the perfect balance of current rentability and easy upside potential. Located in a desirable neighborhood where homes routinely sell in the high $200s to mid $300s, this property gives investors a chance to step into equity from day one while having a clear, low-cost path to boosting both value and rental income.
🏡 Property Highlights
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Great cosmetic condition throughout
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Original cedar siding in strong shape — durable, long-lasting, and increasingly sought-after
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Two spacious living rooms (rare feature!)
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Huge, flat, fenced-in backyard — ideal for entertaining, pets, and higher buyer/tenant value
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Brick patio perfect for an outdoor entertainment set up
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Large lot with plenty of usable space
Low hassle, easy to sell or lease, and tons of untapped potential.
💡 Built-In Value-Add: Convert to a 4 Bedroom with Minimal Cost
One of the strongest selling points:
Either living room can be converted into a 4th bedroom simply by adding one wall and building a closet.
This small, inexpensive modification can:
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Increase rental income immediately
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Boost property value significantly
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Expand your buyer/tenant pool
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Push ARV toward the upper end of the area’s comp range
In today’s investment climate, value-add opportunities this simple and inexpensive are rare.
📈 Multiple Exit Strategies
With comps in the $280K–$350K range, investors have multiple exit strategies:
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Buy and hold with increased rental income after 4th bedroom conversion
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BRRR play with plenty of equity
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Flip after rehab and the additional bedroom
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Rent and enjoy low-maintenance cash flow
The large fenced lot, patio, and cedar siding make this home stand out in a way tenants and buyers both notice.
🔑 Summary
2161 Sallies Lane delivers the rare combo of:
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Great condition
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Great layout
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Great lot
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Strong comps
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Easy, profitable value-add potential
For investors looking for an approachable project with clear upside and minimal risk, this property checks every box.
*Please note the drain line has a leak and is being replaced. The HVAC does not work and heat is oil based. Please check condition of the oil tank/system prior to proceeding to make sure you are comfortable proceeding.
*Wood decay under the kitchen sink, unsure of extent, no other areas noted outside of that. Unsure if it is from water damage or termites.
Offer Process
Highest and best offer wins, beat the competition by choosing to “Buy it Now” at the listed ‘Buy it Now Price’
Showings
Contact Robert for showings 704-707-6945
Disclosures
- ALL LISTINGS ARE ASSIGNMENT OF CONTRACT, DOUBLE CLOSE OR FOR SALE BY OWNER.
- SELLERS DO NOT YET OWN IF MARKETED AS ASSIGNMENT OF CONTRACT OR DOUBLE CLOSE.
- CASH OR HARD MONEY ONLY.
- MUST CLOSE WITH OUR ATTORNEY UNLESS PROPERTY IS COMPANY OWNED.
- SELLERS ARE LICENSED NC REAL ESTATE AGENTS AFFILIATED WITH LEGACY REAL ESTATE SERVICES.
- BUYERS TO PAY SELLER’S CLOSING COSTS UNLESS COMPAY OWNED.
- $5,000 NON-REFUNDABLE EARNEST MONEY DEPOSIT DUE ONCE UNDER CONTRACT.
- EARNEST MONEY DEPOSIT IS REFUNDABLE IF CLEAR AND MARKETABLE TITLE CANNOT BE OBTAINED BY CLOSING.
- SELLERS MAKE NO REPRESENTATIONS REGARDING CONDITION, VALUE AND/OR LOT LINES. PLEASE DO YOUR OWN DUE DILIGENCE.