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About the Listing 694 - 18182
Accepted Offer with Contingencies. Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding, exterior paint and windows! The 2-bedroom cottage at 645 E St also has a new roof (2025), a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each unit has its own washer/dryer hookups. Each home is separately metered for sewer, water, and electric. Tenants responsible for lawn maintenance. HUGE upside in rents! Long-term tenants and previous passive out-of-state owners present an opportunity for increased income. Recent Sale fail due to FHA self-sufficiency test. No FHA or VA loans, please. Price increase due to Seller renovations/repairs during escrow.
Listing Highlights for 645 E St NE
Status
Pending
Days on Site
134
Property Type
Multi-Family
MLS ®
828160
Year Built
1940
Total Square Footage
2,011
Lot/Acreage
0.15
County
Marion
Building Name
The Cottages
Area
20 CENTRAL SALEM
Elementary School
Grant
Middle School
Parrish
High School
North Salem
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Electric, Range Included
- Air Cond:
- Heating: Gas,Electric,Baseboard,Wall Furnace
- Fireplaces:
- Floor: Vinyl,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Unfinished
- Other:
- Water: City
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 130x50
- Roof: Composition
- Others: Fiber Cement,Lap
- Sewer: City
Financial Details
- Tax Amount: $3,901
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
645 E St NE Salem, OR 97301
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