Turnkey investment with instant cash flow upon closing! This 4 bed, 2.5 bath has room for everyone. Great renters with a lease until July 2026. This well maintained beauty has hardwood floors, new appliances, waterproofed basement with lifetime warranty, and new wall insulation. The huge back yard has excellent ADU potential with pre-approved plans from the city, convenient alley access, and easily accessible utilities. Cap rate 6.2%, GRM 13.1. Tenant occupied. Do not disturb tenants. Offer contingent upon
For sale
Listed by:
NEIL NELSON 503-444-1070,
Premiere Property Group, Llc Albany
$465,000
745 16th St NE, Salem, OR 97301
4beds
2,348sqft
Est.:
Single Family Residence
Built in 1926
7,840.8 Square Feet Lot
$461,600 Zestimate®
$198/sqft
$-- HOA
What's special
Convenient alley accessNew appliancesHardwood floorsEasily accessible utilities
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