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1415 4th NE

Salem, OR 97301
  • $399,900
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 781838
Price Reduced
UPDATED: 225 min ago
$399,900
  • 9
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

Listing information © 2021 Willamette Valley Multiple Listing Service
Listing provided courtesy of Homesmart Realty Group

Description

ATTN INVESTORS! Large 9 bedroom home on spacious RM zoned lot. New roof September 2018. Currently being used as a non-profit group home. Lease is $2093/month with tenant paying all utilities, landscaping costs and annual sprinkler system testing. 100% property tax exemption. 866 sq/ft unfinished basement. 2.5% annual increase built into lease. Lease runs July 1-June 30 with automatic renewal. Landlord maintains exterior. Easy to manage investment.

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© 2021 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Mid-Willamette. Data last updated: 2021-10-22T00:09:07.033.
www.suelongrealty.com/homes/120200325
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1415 4th NE Salem, OR 97301

  • Price: $399,900
  • Status: Active
  • Updated: 225 min ago
  • MLS #: 781838
9
Beds
3
Baths
0
½ Baths
N/A
Acres
1915
Built
Neighborhood:
20 CENTRAL SALEM
County:
Marion
Area:
20 CENTRAL SALEM
Property Description
ATTN INVESTORS! Large 9 bedroom home on spacious RM zoned lot. New roof September 2018. Currently being used as a non-profit group home. Lease is $2093/month with tenant paying all utilities, landscaping costs and annual sprinkler system testing. 100% property tax exemption. 866 sq/ft unfinished basement. 2.5% annual increase built into lease. Lease runs July 1-June 30 with automatic renewal. Landlord maintains exterior. Easy to manage investment.
Exterior Features

Exterior Color White

Property Features

Cross Street Hood Multifamily Type Multi- (5+) New Construction No Tax Amount 0 Tax Years 21-22 Zoning Rm

© 2021 Willamette Valley Multiple Listing Service. All rights reserved.


© 2021 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Mid-Willamette. Data last updated: 2021-10-22T00:09:07.033.
 
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Keller Williams Mid-Willamette
1121 NW 9th St.
Corvallis OR, 97330
Listing information © 2021 Willamette Valley Multiple Listing Service
Listing provided courtesy of Homesmart Realty Group