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Listed by KENNETH MARSHALL • VINTAGE REALTY NORTHWEST • 541-754-7314
$535,000
Est. payment /mo
4 Beds
3 Baths
2,011 SqFt
Active
645 E St NE NE Salem, OR 97301
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,011 sqft
Price per Sqft $266
MLS Listing ID 828160
Bedrooms 4
Year Built 1940
Annual Tax Amount $3,901
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Triplex
Property Description
Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding, exterior paint and windows! The 2-bedroom cottage at 645 E St also has a new roof (2025), a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each unit has its own washer/dryer hookups. Each home is separately metered for sewer, water, and electric. Tenants responsible for lawn maintenance. HUGE upside in rents! Long-term tenants and previous passive out-of-state owners present an opportunity for increased income. Recent Sale fail due to FHA self-sufficiency test. No FHA or VA loans, please. Price increase due to Seller renovations/repairs during escrow.
Location
State OR
County Marion
Area 20 Central Salem
Rooms
Basement Full, Unfinished
Dining Room Area (Combination)
Interior
Hot Water Electric
Heating Gas, Electric, Baseboard, Wall Furnace
Flooring Vinyl, Wood
Laundry W/D Hookup
Exterior
Roof Type Composition
Building
Foundation Continuous
Sewer City
Water City
New Construction No
Schools
Elementary Schools Grant
Middle Schools Parrish
High Schools North Salem
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
