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About the Listing PPGR03 - NELSONNE
Turnkey investment with instant cash flow upon closing! This 4 bed, 2.5 bath has room for everyone. Great renters with a lease until July 2026. This well maintained beauty has hardwood floors, new appliances, waterproofed basement with lifetime warranty, and new wall insulation. The huge back yard has excellent ADU potential with pre-approved plans from the city, convenient alley access, and easily accessible utilities. Cap rate 6.2%, GRM 13.1. Tenant occupied. Do not disturb tenants. Offer contingent upon interior inspection.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Residential
MLS ®
637229774
Year Built
1926
Total Square Footage
2,378
Lot/Acreage
0.18
County
Marion
Neighborhood
Englewood
Elementary School
Englewood
Middle School
Parrish
High School
North Salem
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full / 1 Half
- Appliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces: 1, Gas
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full Basement
- Other: Hardwood Floors,Laundry,Washer/Dryer,Master on Main
- Water: Public Water
Exterior Details
- Lot Description: Level,Private
- Garage Capacity: 1 car
- Parking Spaces: 1
- Roof: Composition
- Others: Deck,Fenced,Fire Pit,Patio,Porch,RV Parking,RV/Boat Storage,Tool Shed,Workshop,Yard,Resale
- Sewer: Public Sewer
- Parking Features: Attached,Driveway,RV Access/Parking
Financial Details
- Tax Amount: $3,920
- Taxes w/Assessments: N/A
- Tax/Property ID: 572138
- Tax Year: N/A
Payment Calculator
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Questions About..
745 NE 16th St Salem, OR 97301
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