Outstanding return on investment. Potential upside on rents with value add. Single family home and 5 plex on one tax lot. Home has 3/1 with D/W, wood burning fire place, forced air gas heat. Coin op washer & dryer serves home and 5 plex tenants. New roof in 2014 on Single family home. 5-plex has 2/1 and four studio apartments each with own bathroom. Cadet Heat. Many long term tenants.
Off market
$612,000
430 25th St SE, Salem, OR 97301
--beds
0baths
3,611sqft
MultiFamily
Built in 1958
-- sqft lot
$612,000 Zestimate®
$169/sqft
$1,573 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Appliances
- Included: Range / Oven
Interior area
- Total interior livable area: 3,611 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 9,147 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1958
Community & neighborhood
Location
- Region: Salem
Other
Other facts
- BasementFoundation: Slab, Block
- FuelDescription: Electricity
- HeatingDescription: Wall
- ListingStatus: Active
- PropertyCategory: MultiFamily
- UtilitiesIncluded: Electricity, Sewer, Garbage, Water
- ExteriorDescription: T-111 Siding
- ParkingDescription: Assigned
- WaterDescription: Public
- RoofType: Composition
- StandardStatus: Active
Services availability
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$612,000
2% more+ $12,240
With Zillow Showcase(estimated)
$624,240