115 Dalewood AveSalem, VA 24153

Property Details for 115 Dalewood Ave

Year built

1998

Lot size

0.36 AC

Property size (Sq ft)

1,904 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Salem

County

Roanoke

State

Virginia

Latitude

37.3003

Longitude

-80.026

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