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745 16th St Ne, Salem, OR 97301

$464,000
  • 745 16th St Ne, Salem, OR 97301 Main Photo

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Listing Courtesy of: PREMIERE PROPERTY GROUP, LLC ALBANY
Agency Contact: 503-444-1070
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BEDS4 BATHS2 full 1 partial SQUARE FEET2,348 MLS#835824
STATUS PROPERTY TYPEResidential - Single Family SUBDIVISIONEnglewood Addition

Property Description

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 subject to interior inspection.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Finished
Garage: 1 car attached
Lot Size: 0.18 Acres
Roof Type: Composition
Taxes: $3,920
Year Built: 1926

Feature Descriptions

Bathroom(s) (Level): 2.00 (Main), 0.50 (Upper)
Days on Site: 90
Dining Room: Formal
Dishwasher: Yes
Exterior: Wood
Fireplace: Gas, Living Room
Flooring: Carpet, Tile, Vinyl, Wood
Formal Dining: Yes
Foundation: Continuous
Heating/Cooling: Central AC, Forced Air, Gas
Inclusions: Washer, Dryer, Refrigerator, Dishwasher, Range
Lot Dimensions: 0.18 Acre(s)
Parking Notes: Attached
Patio: Deck, Patio
Price Per Square Foot: 197.61
Range: Microwave Included, Range Included
Sewer: Yes
Water: City

Room Sizes

Primary Bedroom: 19x11 Level 1/Main
Bedroom 2: 16x9 Level 2/Upper
Bedroom 3: 15x12 Level 2/Upper
Bedroom 4: 14x12 Level Lower/Basement
Family Room: 20x15 Level Lower/Basement
Kitchen: 21x20 Level 1/Main
Living Room: 18x14 Level 1/Main
Utility Room: 19x17 Level Lower/Basement

Local Schools

High School: North Salem
Middle School: Parrish
Elementary School: Englewood

Listed By / Shown By

Listed By

Agency Name: PREMIERE PROPERTY GROUP, LLC ALBANY
Agency Contact: 503-444-1070

Shown By

Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222

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Estimate Your Payment

Estimated Payment

$ 1,494.66 per month $1,032.66 Principal & Interest $326.67 Property Tax $135.33 Homeowner's Insurance

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