542 North Ellsworth Avenue, Salem, OH 44460

INVESTOR OPPORTUNITY with Immediate Income & Value-Added Potential conveniently located within walking distance to Memorial Park and the Community Center, all with 2,680 square feet of living space, and possibly over 3,500 with the 3rd floor. A lot of potential! The second-floor unit is currently rented, providing immediate rental income, while the first-floor unit is vacant and has been thoughtfully updated during the vacancy. The main-floor unit features new carpet, LVP flooring, and fresh paint throughout, along with a large living room and dining area, two generously sized bedrooms, and a 27 x 18 storage area for various usage. First floor has some newer windows and three-year old hot water tank with 1,600 sq ft of living space. The second-floor unit offers two bedrooms, a living room, and an eat-in kitchen and is currently occupied by tenants. This floor has 1,080 sq ft of living space, with an additional 1,080 on the 3rd floor. With one unit already rented and the other recently updated and ready for a new tenant, this property offers investors the opportunity to generate income while continuing to improve and maximize the property's potential.