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Off market
    • $549,600

    797 25th St SE, Salem, OR 97301

    6beds
    3,014sqft
    MultiFamily
    Built in 1926
    -- sqft lot
    $549,600 Zestimate®
    $182/sqft
    $-- HOA

    What's special

    Great investment property!! Large 4-plex with paved off-street parking, extra storage shed and good rental history. Three units located in main building, with one detached unit at back of lot. Central location near downtown and public transportation. Owner pays water/sewer and garbage bill. Currently performing with great return and proforma using increased and reasonable market rents shows a 7.5% Cap. Great investment opportunity.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Window Coverings, Refrigerator, Range, Washer/Dryer, Washer/Dryer Hookup
    • Windows: Window Coverings
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,014 sqft

    Property

    Parking
    • Total spaces: 8
    • Details: Assigned, Paved
    Features
    • Exterior features: Other
    Lot
    • Size: 9,997 sqft
    Details
    • Parcel number: 590346
    • Zoning: RM2

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1926
    • Major remodel year: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available, Sewer Available, Trash Collection

    Community & neighborhood

    Location
    • Region: Salem

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Heating: Forced Air, Natural Gas
    • InteriorFeatures: Window Coverings, Refrigerator, Range, Washer/Dryer, Washer/Dryer Hookup
    • Roof: Shingle
    • GarageYN: true
    • ExteriorFeatures: Deck, Individual Storage Units
    • HeatingYN: true
    • NumberOfUnitsTotal: 4
    • CurrentFinancing: Conventional, Cash
    • StoriesTotal: 3
    • NumberOfUnitsInCommunity: 4
    • Utilities: Water Available, Sewer Available, Trash Collection
    • ParkingFeatures: Assigned, Paved
    • Zoning: RM2
    • WindowFeatures: Window Coverings
    • OtherParking: Assigned, Paved
    • YearBuiltEffective: 1926
    • CapRate: 6.84
    • GrossScheduledIncome: 42600
    • GrossIncome: 39900
    • OperatingExpense: 12102
    • YearBuiltDetails: Approximately
    Services availability
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    Sell for more than others on Zillow

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    $549,600
    2% more+ $10,992
    With Showcase(estimated)
    $560,592

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