623 South Colorado Street

Salem, VA 24153

$350,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This beautifully renovated duplex in the heart of Salem offers modern updates throughout, providing an ideal investment opportunity in a prime area. Each unit features 2 bedrooms and 1 bath, perfect for tenants or owner-occupants alike. Located within walking distance to downtown Salem, Roanoke College, the Salem Civic Center, and Salem Red Sox stadium, this property ensures convenient access to local amenities and entertainment. Perfect for generating passive income in a desirable area. Schedule...This beautifully renovated duplex in the heart of Salem offers modern updates throughout, providing an ideal investment opportunity in a prime area. Each unit features 2 bedrooms and 1 bath, perfect for tenants or owner-occupants alike. Located within walking distance to downtown Salem, Roanoke College, the Salem Civic Center, and Salem Red Sox stadium, this property ensures convenient access to local amenities and entertainment. Perfect for generating passive income in a desirable area. Schedule your showing today!
  1. Listed by KATY COOKSTON • KELLER WILLIAMS REALTY ROANOKE

Property Details for 623 South Colorado Street

Subdivision Name
N/A
Covered Spaces
0.0
LISTING UPDATED: 11/23/2024 09:21 AM

Property Details for 623 South Colorado Street

StatusPending
MLS #912175
Days on Market15
Taxes$2,332 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1985
Lot Size0.14 AC / 6,098 SF
CountySalem Independent City

Virtual Tour

Building Information for 623 South Colorado Street

Stories-Residences2Year Built1985Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 623 South Colorado Street

Summary
Location and General Information
  • Directions: 4th St to S Colorado, Duplex on Right. Parking in back.
  • MLS Area Major: 0300 - City of Salem
  • City: Salem
  • State Or Province: VA
  • Postal Code: 24153
  • County Or Parish: City of Salem
  • MLS Area Minor: 0300 - City of Salem
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 160-8-11.1
  • Tax Block: -
  • Tax Lot: 19 & 20
  • Tax Tract Or Section: 4
  • Tax Amount: $2,332
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $2,332
  • Location Legal Taxes - Section: 4
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: G. W. Carver
  • Middle Or Junior School: Andrew Lewis
  • High School: Salem High
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (1 - 9)
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Dimensions: .14
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6098.4
  • General Property Description - Total Acreage: 0.14
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1985
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
  • General Property Description - Present Use: Built-As
Utilities
  • Sewer: Public Sewer
  • Water Description - Public Water: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
Interior Features
  • Water Heater Type - Tank: Yes
  • Water Heater Energy - Electric: Yes
  • Cooling: Central Air
  • Heating: Heat Pump
  • Basement: Slab
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Description - Basement: No
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 2.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • General Property Description - # Leased Units: 2
Income & Expenses
  • Gross Scheduled Income: $0
  • Operating Expense: $0
  • General Property Description - Gross Income: $0
  • Gross Income: $0
  • Net Operating Income: $0
Rental
Rental Information
  • Lease Term: One Year
  • Tenant Expenses - All Utilities: Yes

Property History for 623 South Colorado Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 623 South Colorado Street

Taxable ValueLand$29,100Additions$165,200Total$194,300
Tax Record2024$1,166 ($97 / month)
Home Facts
Total Finished SqFt2,146 SqFtAbove Grade Finished SqFt2,146 SqFtStories2Lot Size6,229 SqFtStyleDuplexYear Built1985ZoningRSFCountySALEMAPN160-8-11.1

Schools near 623 South Colorado Street

This home is within Salem City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
G.W. Carver Elementary School
PublicPK to 5

Andrew Lewis Middle School
Public6 to 8

Salem High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY ROANOKE, KATY COOKSTON

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.