For Sale
$275,000

115 Dalewood AveSalem, VA 24153

Brick duplex, 100% occupied, great returns.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a well-maintained, brick-constructed duplex located at 115 Dalewood Ave, Salem, VA 24153. The property, built in 1998, sits on a 0.36-acre lot and features a total of 1,904 square feet across two stories. The building is zoned RSF, offering flexibility for future use. Both units are currently fully occupied and boast a desirable 2-bedroom, 1.5-bathroom layout, each with spacious interiors and an unfinished basement providing ample storage space or potential for expansion. Recent upgrades include brand new HVAC systems and newly constructed back decks shared by both units. On-site parking is available. This property offers a strong rental history and presents a compelling investment opportunity for those seeking a low-maintenance, high-return asset. The property's solid brick construction and high occupancy rate contribute to its exceptional value. Detailed financial information, including a rent roll, is available upon request. This is a turnkey investment ready for immediate income generation.

Highlights

  • Brick construction.
  • RSF zoning.
  • 100% occupancy.
  • Excellent condition.
  • On-site parking available.
  • Proven rental income.

Property Details for 115 Dalewood Ave

Property type
Apartment buildings
Square Feet
1,904 SF
Year Built
1998
Buildings
1
Stories
2
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Salem
County
Roanoke
State
Virginia
Latitude
37.3003381
Longitude
-80.0259884
115 Dalewood Ave, Salem, Virginia

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115 Dalewood Ave
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