Turn-Key 1949 Winston-Salem Bungalow with Recent Updates Listed for $110,000

Turn-Key 1949 Winston-Salem Bungalow with Recent Updates & Steady Rental Income

Located on a corner lot at 2101 E 25th Street in Winston-Salem, NC, this classic 1949 single-family home presents a standout opportunity for anyone seeking a property with strong, immediate investment appeal. With 785 square feet of interior space, two main-level bedrooms, and practical recent updates, this home combines simplicity, functionality, and a proven rental history. Currently occupied with a rental income of $950 per month, it provides instant cash flow from the moment it becomes part of your portfolio.

Efficient Single-Level Living

Designed for straightforward, practical living, this home offers a thoughtful one-level layout that maximizes its square footage. The primary bedroom, measuring 10.58 x 12.33, provides enough room for essential furnishings without sacrificing comfort. The second bedroom, sized at 11.58 x 8.58, works well as a guest room, children’s room, or even a compact home office.

The living room, measuring 11 x 14.17, serves as the central gathering space. With durable vinyl flooring throughout and no fireplace to maintain, it offers ease of care and flexibility—especially important for rental properties where low-maintenance interiors are desirable.

Large, Functional Kitchen

The kitchen is surprisingly spacious for a home of this size. At 11.92 x 14.92, it provides ample room for meal preparation, storage, and dining. This generous layout enhances livability for occupants and reduces the cramped feeling often associated with smaller homes. Whether tenants prefer an eat-in kitchen or wish to maximize floor space with freestanding storage or appliances, the room easily accommodates a variety of setups.

An electric water heater is included, and recent updates across the property contribute to simpler ownership and lower upkeep responsibilities.

Recent Upgrades for Peace of Mind

Several important updates have already been completed, offering reassurance to the next owner:

• New exterior siding

• New water heater

• Updated LVP flooring

• Additional improvements enhancing longevity and ease of maintenance

These upgrades not only modernize the home’s appearance and day-to-day functionality but also reduce the need for near-term repairs. Investors seeking stability and predictable performance in a rental property will especially appreciate these improvements.

The home is heated by electric baseboard systems, providing cost-efficient warmth. While the property does not currently include a cooling system, this is common for homes of this type and age in the region, and portable or window units are typically sufficient for tenants.

Crawl Space Foundation & Vinyl Siding Exterior

The home is built on a crawl space foundation, offering accessibility for maintenance tasks and reducing long-term concerns associated with aging basements. The exterior is finished in vinyl siding, a material known for its durability, affordability, and minimal upkeep—ideal for rental properties where reliability and appearance are important.

0.17-Acre Corner Lot with Driveway Parking

Sitting on a 0.17-acre corner lot, the property benefits from additional visibility and accessibility. Corner lots often provide extra spacing between neighboring homes, as well as easier onsite parking arrangements.

The home offers driveway parking with uncovered spaces, ensuring convenient access for residents. The lot configuration also leaves room for future exterior enhancements—whether landscaping, fencing, or small outdoor improvements that can increase tenant satisfaction and property appeal.

Convenient Winston-Salem Location

Situated in a well-connected area of Winston-Salem, the home provides quick access to:

• Local schools

• Shopping centers

• Everyday services

• Major highways and transportation routes

This convenience makes it appealing to renters seeking manageable commutes and nearby amenities. Investors benefit as well—properties close to essential services tend to maintain stable occupancy and consistent rental demand.

A Ready-Made Addition to Any Rental Portfolio

With its proven rental history, updated features, efficient layout, and strategic location, this property offers the ideal combination of affordability and performance. Investors looking for immediate returns will appreciate the existing $950/month rental income, while the recent improvements help ensure dependable operation.

For those seeking a straightforward investment in a growing community, this 1949 Winston-Salem bungalow stands out as a reliable choice with long-term potential.