â??Some of the best investments do more than build wealth. They create flexibility for the people you love.â? 324 Pennsylvania Avenue offers a rare opportunity to combine flexible living with income potential in one of Salemâ??s most sought after neighborhoods. Featuring a beautifully updated main residence and a grandfathered detached carriage house/ADU with dedicated parking and private yard space, this property creates options for extended family, independent living, remote work, guests, or supplemental rental income. Situated on a rare double lot with over $100,000 in improvements, this property offers the kind of long term versatility buyers are actively searching for. SELLER OFFERING $5,000 IN CONCESSIONS.
113 - $900 (MTM), 115 - $750 (MTM), 117 - $1225 (lease ends 3/2027). 3 unit townhome in Salem. 2 of them are 2 bedroom 1.5 baths with Great room, Kitchen with dining area, Laundry and 1/2 bath and Patio. Upstairs has 2 bedrooms and full bath. The 3rd unit has Garage, Primary bedroom on 1st floor with full bath, Great room, Kitchen and Dining area, and Patio. Upstairs has Living room and 2 bedrooms and full bath. All units have 2 HVAC systems.
1926 has 5 units all 1 bd & 1 bath : #1 Vacant, #2 rented $560 M-T-M, #3 Vacant, #4 Vacant, #5 rented $640 lease ends 1/14/25,1928 E. Main has 1 rented $ 670, lease ends 4/11/25 1 bd, 1 bath. property will be shown by appointment on Wednesday, September 25th. Text LA to schedule.
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Salem is located in Virginia. Salem, Virginia has a population of 25,335. Salem is less family-centric than the surrounding county with 25.61% of the households containing married families with children. The county average for households married with children is 25.61%.
The median household income in Salem, Virginia is $66,472. The median household income for the surrounding county is $66,472 compared to the national median of $69,021. The median age of people living in Salem is 40.8 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 26.1 degrees. The average rainfall is approximately 41.6 inches per year, with 15.5 inches of snow per year.
