645 E St NE NE

Salem,OR 97301

$ 495000

4 Beds

3 Baths

2011 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,011 sqft

Price per Sqft $246

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

Accepted Offer with Contingencies. 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 and exterior paint. Newer roof and some windows. The 2-bedroom cottage at 645 E St has 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 passive out-of-state owners present an opportunity for increased income. New roof going on 645 E St. prior to close.

Location

State OR

County Marion

Area 20 Central Salem

Rooms

Basement Full,Unfinished

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Baseboard

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 FHA,Cash,Conventional

Listing Terms FHA,Cash,Conventional

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