1. Oregon
  2. Salem
  3. 645 E St NE
$535,000

645 E St NE, Salem, OR 97301

  • 4 beds |
  • 3 baths |
  • 2,011 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $266/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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, exterior paint and windows! The 2-bedroom cottage at 645 E St also has a new roof (2025), 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 previous passive out-of-state owners present an opportunity for increased income. Recent Sale fail due to FHA self-sufficiency test. No FHA or VA loans, please. Price increase due to Seller renovations/repairs during escrow.

Listing Status:
Active
Listing Office:
VINTAGE REALTY NORTHWEST : 541-754-7314
Listing Agent:
KENNETH MARSHALL : 541-754-7314
MLS ID:
828160
  • General: High Speed Internet
  • Appliances: Electric Water HeaterElectric RangeRange Included
  • Laundry: W/D Hookup
  • Basement: FullUnfinished
  • Flooring: VinylWood
  • Heating: Natural GasElectricBaseboardWall Furnace

This listing courtesy of KENNETH MARSHALL, VINTAGE REALTY NORTHWEST

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Grant Community School

725 Market St NE, Salem, OR, 97301

Grades PK-5

0.16 miles away

P

Parrish Middle School

802 Capitol St NE, Salem, OR, 97301

Grades 6-8

0.34 miles away

N

North Salem High School

765 14th St NE, Salem, OR, 97301

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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  • 5 bed |
  • 3 bath |
  • 1,911 sqft |
  • 6,534 sqft lot
1438 (-1440.5) Glen Creek Rd Salem, OR 97304

#828842 - SMI REAL ESTATE