420 Front AVE, Salem, VA 24153
420 Front AVE, Salem, VA 24153
420 Front AVE, Salem, VA 24153
420 Front AVE, Salem, VA 24153
420 Front AVE, Salem, VA 24153
420 Front AVE, Salem, VA 24153
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Listed by MCLAREN GARTH WESTLAND MAC WESTLAND REAL ESTATE GROUP
$ 267,000
Est. payment | /mo

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$ 267,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 931240

HOA Y/N No

Year Built 1925

Annual Tax Amount $2,511

Acres 0.08

Property Sub-Type MultiFamily

Source Roanoke Valley Association of REALTORS®

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.

Location

State VA

County City Of Salem

Area 0.08

Direction From Main St turn onto 4th St, to Right onto Eddy Ave, to Left onto Front Ave.

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s), Storage

Heating Electric Heat Pump

Cooling Central Air

Fireplace No

Exterior

Garage No

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools South Salem

Middle Schools Andrew Lewis

High Schools Salem High

Others

Tax ID 216-1-1

MLS of Roanoke Valley, Inc. (RVAR) - IDX

Nearby Locations

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420 Front AVE