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4125 4135 Portland NE Rd, Salem, OR 97301

$675,000
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Property Description

Investment opportunity! 2 tax lots for a total of .82 acre. This Salem MU-lll mixed use zoning allows for residential, retail, offices etc. You decide upon buyer due diligence! There are currently two-2/1 duplexes, a 3/1 house & a 2/1 studio apt. The shed up front (no value) houses 1 of 2 wells, the 2nd one is in the basement of rented house. Cash only, AS-IS sale. Potential abounds! Do not disturb tenants. Drive by viewing only.

4125 4135 Portland NE Rd | MLS# 512366581

This multi-family property located at 4125 4135 Portland NE Rd, Salem, OR 97301 is currently listed for sale with an asking price of $675,000. Search Salem real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Fuel Type: Electricity
Heating: Wall Furnace
Roof Type: Composition
Taxes: $6,116
Year Built: 1950

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 4
Features: Range, WoodFloors
Rent: $950.00
Square Footage: 710
Total Units: 2
Unit Type 2:
Bathroom(s): 2
Bedrooms: 4
Features: Range, WoodFloors
Rent: $950.00
Square Footage: 710
Total Units: 2
Unit Type 3:
Bathroom(s): 1
Bedrooms: 3
Features: Range, WoodFloors
Rent: $1145.00
Square Footage: 1408
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Range, WoodFloors
Rent: $750.00
Square Footage: 720
Total Units: 1

Feature Descriptions

Days on Site: 72
Exterior: Wood Siding
Gross Income: $68340.00 (Actual)
Lot: On Busline
Net Income: $68340.00 (Actual)
Operating Expenses: $22106.00 (Actual)
Parking: Open
Parking Notes: Open
Sewer: Public Sewer
Special View Info: Territorial
Units: 6
Water: Well

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Paramount Real Estate Services
Agency Phone: 503-385-1518

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,119.71 per month $3,413.17 Principal & Interest $509.67 Property Tax $196.88 Homeowner's Insurance

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