$625,000
5 Beds
3.5 Baths
2,255 SqFt
0.20 Acre Lot
8,712 Sqft Lot
Status Active
Property Type Singlefamilyresidence
Price Type
Year Built 1949
Neighborhood
Days on Website 49

Property Map

$625,000 – 794 14th St Ne, Salem, OR 97301

Street View

Listing courtesy of Berkshire Hathaway HomeServices Real Estate Professionals.

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. Located directly across from North Salem High, and easy access to the Capitol. Countless updates in 2017 include refinished hardwoods, interior and exterior paint, sinks, vanities, toilets, trim, fencing, and some appliances. Additionally, siding and windows have been replaced on 796 14th and the water line replaced on 798 14th. 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. This rare opportunity should not be overlooked, contact us today!

Property Details and Features

Parking

  • 2 total parking spots
  • Features: Driveway,OnStreet

Property Access

  • Road Surface Type: Concrete,Paved

Appliances & Equipment

  • Appliances: FreeStandingRange,RangeHood

Basement

  • Basement: CrawlSpace

Bathrooms

  • 4 total baths
  • 3 full bathrooms
  • 1 partial bath
  • 3 total main level baths
  • 3 main level full baths
  • 1 main level partial bath

Bedrooms

  • 5 total bedrooms

Building

  • Architectural Style: Bungalow,Cottage
  • Building Area Calculated: 2255
  • Building Area Description: Fee
  • Building Area Total: 2255
  • Built in 1949
  • Main Level Area Total: 2255
  • Stories: 1

Cooling

  • Cooling Equipped
  • Cooling: WindowUnit

Disclosures

  • Disclosures: Disclosure

Accessibility Features

  • Accessibility Features: GarageonMain,MainFloorBedroomBath,MinimalSteps,OneLevel,UtilityRoomOnMain
  • Handicap Accessible

Exterior Features

  • Exterior Description: CementSiding,LapSiding,ShakeSiding,WoodSiding
  • Exterior Features: GuestQuarters,Yard

Garage

  • Garage Spaces: 2
  • Garage Type: Detached

Heating

  • Heating Available
  • Heating: ForcedAir,WallHeater

Interior Features

  • Features: SeparateLivingQuartersApartmentAuxLivingUnit,WoodFloors

Listing

  • Contract Status Change Date: 2024-08-06
  • Days On Market: 48
  • Last Transaction Date: 2024-09-04 09:49:57
  • List Price: $625,000
  • Listing Contract Date: 2024-08-06
  • Listing Id: 24135298
  • Mls Status: Active
  • Modification Timestamp: 2024-09-04 09:49:57
  • On Market Date: 2024-08-06
  • Previous List Price: $559,900
  • Rent Amount: $4,100
  • Standard Status: Active

Location

  • MLS Area Major: _174
  • County Or Parish: Marion

Lot

  • Features: Level,PublicRoad
  • Size Acres: 0.2
  • Size Dimensions: 67 x 160
  • Size Range: SqFt7000to9999
  • Size Square Feet: 8,712
  • Size: 7,000 to 9,999 SqFt

Possession

  • Possession: SubjectToTenantRights

Property

  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Property View

Roof

  • Roof: Composition

Schools

  • High School: North Salem
  • Middle Or Junior School: Parrish
  • Elementary School: Englewood

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $4,274
  • Legal Description
  • Tax Year: 2023

Utilities

  • Fuel Description: Electricity
  • Hot Water Description: Electricity,Gas
  • Water Source: PublicWater

Windows

  • Features: AluminumFrames,DoublePaneWindows,VinylFrames

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This content last updated on September 24, 2024 20:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.