420 Front Ave, Salem, VA 24153
- $267,000
- List Price
- $267,000
- Days on Market
- 0
- Status
- ACTIVE
- MLS#
- 931240
- Lot Size (Acres)
- 0.08
- Year Built
- 1925
Property Description
Don't miss this well-maintained 1925 duplex offering the opportunity to live in one apartment and rent out the other and also immediate income for the savvy investor Ideally situated in the City of Salem, this 2,242 sq. ft. property features two spacious 2 bedroom, 1 bath units 1,178 sq. ft. and 1,066 sq. ft. both currently occupied delivering steady rental income from day one. Each unit comes equipped with a refrigerator, electric range, and additional appliances (range hood/dishwasher in one unit, built-in microwave in the other), along with the comfort of central air and heat pump heating. Tenants are responsible for their own electric and water usage, helping keep ownership costs low, and the property benefits from public water and sewer service. Conveniently located in Salem, this property offers tenants and future owners alike quick access to LewisGale Medical Center and the Salem VA Medical Center, along with Carilion Roanoke Memorial Hospital just minutes away in nearby Roanoke. Outdoor enthusiasts will love the proximity to hiking and biking trails, greenways, and the Roanoke River, plus easy access to the Blue Ridge Parkway and Appalachian Mountains. Salem's walkable, historic downtown offers local restaurants, breweries, and shops, while nearby Roanoke adds museums, arts, and additional urban amenities. This is a low-maintenance addition to any rental portfolio. Conveniently located near South Salem Elementary, Andrew Lewis Middle, and Salem High School.
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Additional Information
- Area
- 0300 - City of Salem
- Subdivision
- N/A
- Neighborhood
- 0300 - City of Salem
- Taxes
- $2,511
- Interior Features
- Ceiling Fans, Storage
- Heating
- Heat Pump
- Cooling
- Central Air
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- South Salem
- Middle School
- Andrew Lewis
- High School
- Salem High
- Remarks
- Don't miss this well-maintained 1925 duplex offering the opportunity to live in one apartment and rent out the other and also immediate income for the savvy investor Ideally situated in the City of Salem, this 2,242 sq. ft. property features two spacious 2 bedroom, 1 bath units 1,178 sq. ft. and 1,066 sq. ft. both currently occupied delivering steady rental income from day one. Each unit comes equipped with a refrigerator, electric range, and additional appliances (range hood/dishwasher in one unit, built-in microwave in the other), along with the comfort of central air and heat pump heating. Tenants are responsible for their own electric and water usage, helping keep ownership costs low, and the property benefits from public water and sewer service. Conveniently located in Salem, this property offers tenants and future owners alike quick access to LewisGale Medical Center and the Salem VA Medical Center, along with Carilion Roanoke Memorial Hospital just minutes away in nearby Roanoke. Outdoor enthusiasts will love the proximity to hiking and biking trails, greenways, and the Roanoke River, plus easy access to the Blue Ridge Parkway and Appalachian Mountains. Salem's walkable, historic downtown offers local restaurants, breweries, and shops, while nearby Roanoke adds museums, arts, and additional urban amenities. This is a low-maintenance addition to any rental portfolio. Conveniently located near South Salem Elementary, Andrew Lewis Middle, and Salem High School.
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Listing courtesy of MAC WESTLAND REAL ESTATE GROUP.