VA > Salem > Orchard Court
Salem, VA 24153,1624& 1626 E Riverside DR
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Salem, VA 24153,1624& 1626 E Riverside DR
Salem, VA 24153,1624& 1626 E Riverside DR
Salem, VA 24153,1624& 1626 E Riverside DR
Salem, VA 24153,1624& 1626 E Riverside DR
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Divine Fog Realty Lynchburg

Divine Fog Realty Lynchburg

+1(434) 237-3777
$ 325,000
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1624& 1626 E Riverside DR Salem, VA 24153

2,100 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $154

Subdivision Orchard Court

MLS Listing ID 922631

Construction Status Completed

Year Built 1970

Annual Tax Amount $1,958

Lot Size 0.520 Acres

Acres 0.52

Property Sub-Type Duplex

Property Description

Premier Cash-Flow Duplex in Exclusive Orchard Court-100% Occupied, Seize this rare income-generating opportunity-the only one of its kind in this highly sought after single family neighborhood. This side-by-side duplex delivers immediate rental income with two long-term, month-to-month tenants already in place, offering maximum flexibility for rent increases or future owner-occupancy. Proven Rental Profermance & Upside Potential! Current rents provide stable cash flow; market comps support $1,500+/unit. Zero vacancy risk-both units consistently leased to reliable, long term tenants. Month-to-month leases allow instant rent optimization or seamless transition. Exclusive covered parking+private storage in one, and in unit laundry hookups in both. Abundant off street parking.

Location

State VA

County City Of Salem

Area 0300 - City Of Salem

Interior

Interior Features Ceiling Fan(s)

Heating Baseboard Electric

Cooling Window Unit(s)

Exterior

Parking Features Private (1 - 9)

Pool Laundry Facility, Other - See Remarks

View River

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Wood

Construction Status Completed

Schools

Elementary Schools East Salem

Middle Schools Andrew Lewis

High Schools Salem High

Others

Tax ID 259-1-6

Miscellaneous Laundry Facility,Other - See Remarks

Listed by WAINWRIGHT & CO., REALTORS(r)- LAKE

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Divine Fog Realty Lynchburg
Divine Fog Realty Lynchburg

Corporate Office

+1(434) 237-3777 | admin@divinefogrealty.com

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1624& 1626 E Riverside DR