2213 Bailey AveSalem, VA 24153

Property Details for 2213 Bailey Ave

Year built

1973

Lot size

0.42 AC

Property size (Sq ft)

3,848 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a well-maintained, four-unit apartment building located at 2213 Bailey Ave, Salem, VA 24153. The property, built in 1973, boasts a total of 3,848 square feet situated on a 0.42-acre lot. The two-story building is currently 100% occupied and zoned RMF, offering significant potential for rental income. Each of the four spacious units features two bedrooms, one and a half bathrooms, a full walkout basement, and a private deck. Recent updates include new kitchen cabinets, tub/shower surrounds, toilets, and HVAC systems, ensuring both comfort and efficiency for tenants. The property's prime location in Salem, VA provides convenient access to local amenities and conveniences, making it an attractive option for renters. This multifamily property represents a solid addition to any investment portfolio. Financial details, including a rent roll, are available upon request. Don't miss this chance to acquire a well-maintained, high-performing investment property in a desirable location.

Location Insight

City

Salem

County

Roanoke

State

Virginia

Latitude

37.2763

Longitude

-80.0723

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