1940 Church St NE NE Active

Salem,OR 97301

$ 445000

4 Beds

2 Baths

1200 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $370

Subdivision Clark & Meyers Addition

MLS Listing ID 834295

Bedrooms 4

Year Built 1926

Annual Tax Amount $2,164

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Duplex

Property Description

Can't be missed investment opportunity! Available 4.5% rate! This property offers two homes on one lot with strong rental income. The main house features 3 bedrooms and is currently rented for $1,925/month. Recently renovated with newer laminate flooring, updated cabinets and counters, modern appliances, upgraded windows, and an updated electrical panel. The charming studio cottage brings in an additional $1,075/month, providing excellent flexibility as a rental, guest space, or private office. Contact listing agent for more details!

Location

State OR

County Marion

Area 20 Central Salem

Rooms

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Electric

Flooring Laminate

Laundry W/D Hookup

Exterior

Fence Yes

View Territorial

Roof Type Composition

Building

Sewer City

Water City

New Construction No

Schools

Elementary Schools Highland

Middle Schools Waldo

High Schools North Salem

Others

Acceptable Financing Land Sales Contract,FHA,Federal VA,Cash,Assume Present Financing,Conventional

Listing Terms Land Sales Contract,FHA,Federal VA,Cash,Assume Present Financing,Conventional

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