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Listed by HomeSmart Realty Group
Bought with Coldwell Banker Mountain West
Bought with Coldwell Banker Mountain West
$880,000
$899,000 2.1%
Est. payment /mo
4,376 SqFt
Sold on 11/08/2024
1900 LAUREL AVE NE Salem, OR 97301
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Key Details
Sold Price $880,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,376 sqft
Price per Sqft $201
Subdivision Highland
MLS Listing ID 24438679
Sold Date 11/08/24
Year Built 1926
Annual Tax Amount $6,562
Tax Year 2023
Lot Size 0.320 Acres
Property Description
Miss out? Seller is accepting back up offers. PRICE IMPROVEMENT!This 4-plex commands top rental rates & is CUTE! Cute equals higher rental rates and happier tenants, which in turn, equals a happier owner. Become that happy owner. Live in one and rent the others to pay your mortgage for you OR buy & rent them all. Each house is identical with a bed & bath on the first floor, two bedrooms upstairs, & unfinished basement. Now is your chance to invest smart! 1900, 1910, and 1920 each come with a private additional storage unit on the property. They are big enough for bikes, holiday decorations, camping gear, strollers, etc. 1930 comes with two off-street parking spaces and a full garage. 1930 is vacant for viewing. The other units are available to view with an accepted offer. Inspection reports are available for each unit. Ask your real estate broker for a copy. Seller invested $17,477 into a new sewer line on 07/16/2024. Tenants pay for electricity, gas, and garbage.3 units are fully rented. 3 units are fully rented. Great lease rates! $1,775, $1850, $1,815. Once unit free reserved free for Owner Occupancy. Back on market because Buyer's contingency property fell through.
Location
State OR
County Marion
Community Alllandscaping
Area _176
Zoning RM2
Rooms
Basement Storage Space, Unfinished
Interior
Heating Forced Air
Exterior
Garage Spaces 4.0
Community Features AllLandscaping
Roof Type Shingle
Garage No
Building
Lot Description Trees
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Other
Middle Schools Parrish
High Schools North Salem
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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