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Calhoun Townhomes

Multifamily | 5 Units | $390,000/unit

Listing Contacts

Active

Asking Price: $1,950,000
Address (5 locations)

130 W Calhoun St, Salem, VA 24153

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132 W Calhoun St, Salem, VA 24153

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134 W Calhoun St, Salem, VA 24153

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138 W Calhoun St, Salem, VA 24153

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140 W Calhoun St, Salem, VA 24153

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Date Added
May 22, 2024
Days on Market
303 days
Time Since Last Update
56 days

Details

Property TypeMultifamily
SubtypeSingle Family Rental Portfolio
Investment TypeOwner/User
Units5
Year Built2023
Buildings5
Stories2
ZoningRMF
Lot Size (acres)0.67
APN122-9-1.1;122-9-1.2;122-9-1.3;122-9-1.5;122-9-1.6;122-9-1
Price/Unit$390,000
OwnershipVirginia Valley Properties, LLC
Sale ConditionFor sale by owner

Marketing Description

Great investments opportunity.​ 5 units (130, 132, 134, 138,140), one leased $2695/mth, second leased for $2695/mth, 3rd leased for $2795.​/ monthly.​ Total monthly Income for 3 units $8185/monthly.​ Call to schedule showings.​ HOA covers outside grounds.​ Each unit pays $500/year in its present HOA set up.​ There are 6 units and one has sold leaving 5 units, all utilities are metered separately.​ Tax IDs:122-9-1.1;122-9-1.2;122-9-1.3;122-9-1.5;122-9-1.6;122-9-1.​ Each unit has 4 bedrooms with adjoining bathrooms.​ Each unit is 2000 +/- sqft plus each unit has it’s own garage.​

Investment Highlights

Close to Interstate, Carilion & LewisGale Medical Facilities, Roanoke College, VTC Medical School, VWCC Hollins University

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