1946 SPICETREE LNSalem, OR97306

$642,000
2 total units
$48,228 annual income
Capitilization Rate: 5.48
2980 sq. ft
0.21 acres
SqFt7000to9999
Elementary School: Battle Creek
Middle School: Judson
High School: Sprague
Zoning: RES
43 days on market

VestorFilter™

Price per unit$321K/unit
Price per ft²$215.44/ft²
Price per acre$3.06M/ac
Time on market43 days

Property Description

Amazing opportunity to own a Duplex in desirable South Salem area. On a street with newer and renovated duplexes. This Multi-family home has a spacious layout with 6 bedrooms and 2.5 bathrooms, (Each side of the duplex has 3 beds and 2.5 bathroom) with approximately 2,980 sq ft, of space total for both units. Each unit has an attached 2 car garage. Interior laundry room. Large living room/dining area that has a great territorial view of the backyard. Long term renter history, tenants would prefer to stay. Great investment opportunity. Do not disturb tenants. Property showable with proof of funds.

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Financial Data

Original Price$642,000
Current Price$642,000
Property Taxes$6,465

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Home Facts

StatusPending
Year Built1994
Stories2
Exterior Features
Garage
MLS ID24310732

Unit Details

Unit 1
Unit 2