+27 more
/ 32
+22
$1,999,750
4 bd
4 ba
10,422 sqft
130-140 W Calhoun ST
Salem, VA 24153
30 days on market
Property Type
Residential
Year Built
2023
Lot Size
0.38 acres
Garage
1 spaces
About This Property
Excellent Turnkey Investment Opportunity - 5 Townhomes Fully Leased! Newer construction (2023) 4-bedroom, 4-bath townhome built by Alam Design Group. All 5 units are currently leased, offering investors the opportunity to acquire an established income-producing property with tenants already in place.
Each townhome offers approximately 2,078 +/- finished square feet with four bedrooms, each featuring its own private ensuite bath. The main level includes a spacious living room, kitchen with stainless steel LG appliance package and island, flex room, laundry room, and one ensuite bedroom. The upper level features three additional ensuite bedrooms.
Quality construction includes Pella windows, a 3-ton heat pump, Hardie board and brick exterior, and bathrooms with marble-look glossy ceramic tile surrounds.
Each townhome includes a private garage, driveway parking, and additional community parking. HOA services include maintenance of the grounds, sidewalks, and parking areas.
With all units leased, newer construction, four private bedroom suites per townhome, and low-maintenance ownership, this is an outstanding opportunity to add a turnkey rental property to an investment portfolio.
Each townhome offers approximately 2,078 +/- finished square feet with four bedrooms, each featuring its own private ensuite bath. The main level includes a spacious living room, kitchen with stainless steel LG appliance package and island, flex room, laundry room, and one ensuite bedroom. The upper level features three additional ensuite bedrooms.
Quality construction includes Pella windows, a 3-ton heat pump, Hardie board and brick exterior, and bathrooms with marble-look glossy ceramic tile surrounds.
Each townhome includes a private garage, driveway parking, and additional community parking. HOA services include maintenance of the grounds, sidewalks, and parking areas.
With all units leased, newer construction, four private bedroom suites per townhome, and low-maintenance ownership, this is an outstanding opportunity to add a turnkey rental property to an investment portfolio.
Property Details
Interior
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 10,422 sqft
Exterior & Lot
- Lot Size
- 0.38 acres
- Year Built
- 2023
- Garage Spaces
- 1
Location
- Subdivision
- N/A
- County
- City of Salem
- ZIP Code
- 24153
Financial
- Annual Taxes
- $22,882
- HOA Fee
- $100/mo
Utilities
- Sewer
- Public Sewer
Schools
- Elementary
- West Salem
- Middle School
- Andrew Lewis
- High School
- Salem High
Interior Features
Walk-In Closet(s)
Appliances
Microwave Oven (Built In)
Heating
Heat Pump Electric
Cooling
Central Air, Heat Pump Electric
Patio & Porch Features
Front Porch, Covered Porch
Lot Features
Cleared, Level
Location
Listing Information
- MLS #
- 930687
- Listing Agent
- TIM THOMPSON
- Listing Office
- MKB, REALTORS®
- Listed Date
- Aug 24, 2026
Contact Megan Eberle About This Property
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