794 14th 798 St Ne, Salem, OR 97301

Listing Courtesy of BERKSHIRE HATHAWAY HOMESERVICES R E PROF. Cell: 503-983-4405 Selling Office: NON-MEMBER SALE.

$625,000
5
BD
4
BA
2,255
SqFt

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Sold Price
$625,000
List Price
$625,000
Closing Date
Oct 02, 2024
MLS#
819799
Status
CLOSED
Type
Multifamily
Subtype
Triplex
City
Salem
Area
20 Central Salem
County
Marion
Bedrooms
5
Bathrooms
4
Year Built
1949

Property Description

Creative financing possible, seller is lender and can offer very favorable finance package. Great property for an FHA owner occupied purchase with 3.5% down payment! DO NOT DISTURB TENANTS, all three detached homes are leased. The property consists of two one-bedroom one-bathroom homes, one three-bedroom two-bathroom home, and a two-car garage. Enjoy a hard-to-find 5.75% cap rate on EXISTING leases. Consider converting the garage into a fourth unit. Check out the video, 3D, and floorplan tour.

Additional Information

Water
Public
Heating
Electric, Forced Air, Wall Furnace
Flooring
Laminate, Wood
Sewer
Public Sewer
View
Territorial
Roof
Composition
Elementary School
Englewood
Middle School
Parrish
High School
North Salem

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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.