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797 25th St

Salem, OR 97301

0

389000 -100.0%

6 Beds

4.5 Baths

3014 SqFt


UPDATED

Key Details

Property Type Multi-Family

Lot Size 9,016 Sqft

Year Built 1926

Purchase Type For Sale

Listing Status Active Under Contract

MLS Listing ID 743613

Price per Sqft $129

Property Description

Accepted Offer with Contingencies. Great investment property!! Large 4-plex with paved off-street parking, extra storage shed and good rental history. Three units located in main building, with one detached unit at back of lot. Central location near downtown and public transportation. Owner pays water/sewer and garbage bill. Financials stated ending in a 0 are proforma, others are actuals. Cap rate and net income calculations are based on proforma rents which are very reasonable. Actual rents listed by unit, current cap of 6.84.

Location

State OR

County Marion

Subdivision Simpsons Addition Amended

Area 20 Central Salem

Zoning RM2

Interior

Laundry W/D Hookup

Hot Water Electric

Flooring Carpet,Vinyl

Exterior

Garage Spaces 672.0

Fence Partial

Roof Type Shingle

Building

New Construction No

Sewer City

Water City

Schools

Elementary Schools Richmond

Middle Schools Leslie

High Schools South Salem

School District Salem-keizer School District 24j

Others

Tax Amount $3,174

Tax Year 1819

Acceptable Financing Cash,Conventional

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Listing Provided By JARED HAMBROOK of LEGACY REAL ESTATE

Nearby School & Properties

67 WALK
SCORE
Somewhat Walkable

PROPERTY HISTORY

Date Event Price Source

    Neighborhood DemographicKnow More People Around You

    Legacy Real Estate Legacy Real Estate

    Legacy Real Estate

    5033901375

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