Listing Courtesy of: Neil Nelson - Premiere Property Group, LLC
503-670-9000
$465,000
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745 NE 16TH St Salem, OR 97301
Single Family
Residence
4
Beds
3
Baths
...
Bed/Bath
2,378
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 h...as 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 interior inspection.
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MLS#
637229774
Property Type
Single Family
Status
Bedrooms
4
Bathrooms
Year Built
1926
Square Feet
2,378
sq. ft
Lot Size
0.18
Sewer
Public Sewer Available
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