420 20TH ST SE Salem, OR97301
$640,000
4 total units
7 total bedrooms
4 total bathrooms
$3,900 annual income
Capitilization Rate: 0.60
3394 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Richmond
Middle School: Leslie
High School: South Salem
Zoning: RD
976 days on market
VestorFilter™
Price per unit$160K/unit
Price per ft²$188.57/ft²
Price per acre$3.89M/ac
Price per bedroom$91.4K/bed
Time on market976 days
Property Description
Amazing investment opportunity! Super cute vintage home built in 1906 near Willamette University & downtown Salem. Main level has hardwood floors, newer appliances, new ductless A/C & private garden beds w/ granite walking path. Basement level has newer flooring & newer appliances. 2 upper studios, one w/ deck access perfect for relaxing. Free onsite laundry room! All units are on separate electric meters. Tenant occupied. NO SHOWINGS. Visual inspection subject to accepted offer.
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Financial Data
Date Sold2021-12-17
Sold Price$640,000
Original Price$650,000
Current Price$640,000
Property Taxes$3,970
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Home Facts
StatusSold
Year Built1906
Green/Energy SupplementNo
Exterior Features
MLS ID21274031
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
