Salem, OR 97301,797 25TH ST SE
Salem, OR 97301,797 25TH ST SE
Salem, OR 97301,797 25TH ST SE
Salem, OR 97301,797 25TH ST SE
Salem, OR 97301,797 25TH ST SE
Salem, OR 97301,797 25TH ST SE
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Listed by Legacy Real Estate
Bought with Legacy Real Estate

$355,000

$389,000

8.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,014 SqFt


SOLD DATE : 09/11/2019

Key Details

Sold Price $355,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,014 sqft

Price per Sqft $117

MLS Listing ID 19512600

Sold Date 09/11/19

Year Built 1926

Annual Tax Amount $3,172

Tax Year 2018

Property Description

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. Currently performing with great return and proforma using increased and reasonable market rents shows a 7.5% Cap. Great investment opportunity.

Location

State OR

County Marion

Area _174

Zoning RM2

Interior

Heating Forced Air

Exterior

Garage Spaces 4.0

View Y/N false

Roof Type Shingle

Garage No

Building

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Richmond

Middle Schools Leslie

High Schools South Salem

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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Ted Tanner
Ted Tanner

Principal Broker | Lic# 201210644

+1(503) 828-7839

1915 NE Stucki Ave. Suite 250, Hillsboro, OR, 97006

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