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2213 Bailey Ave - MK Loyd Property

4 Unit Apartment Building Offered at $772,574 CAD in Salem, VA 24153

Investment Highlights

  • 2 BR / 1.5 Baths with Basement
  • Great Location
  • Well Maintained

Executive Summary

Andy Mullins and Noah Beckley are pleased to offer for sale this Multifamily opportunity right in the heart of Salem. This Quadplex spans 3,848 SF, each unit has 2 beds, 1.5 baths, full walkout basements, and private decks. Updates include new Kitchen Cabinets, new Tub/surrounds, new toilets, and new HVAC. With proximity to key amenities and local conveniences, this multifamily opportunity represents a solid addition to any investment portfolio. Please contact for rent roll and further details.

Property Facts

Price $772,574 CAD
Price Per Unit $193,144 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Lot Size 0.42 AC
Building Size 3,848 SF
Average Occupancy 100%
No. Stories 2
Year Built 1973

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
214-3-33
Land Assessment
$122,034 CAD
Improvements Assessment
$283,955 CAD
Total Assessment
$405,988 CAD

zoning

Zoning Code RMF
RMF
  • Listing ID: 33753579

  • Date on Market: 2024-11-05

  • Last Updated:

  • Address: 2213 Bailey Ave, Salem, VA 24153

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