3514 3524 Hermosa CT Salem, OR97305

$400,000
2 total units
4 total bedrooms
12 total bathrooms
$22,020 annual income
Capitilization Rate: 4.18
2032 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Lamb
Middle School: Stephens
High School: McKay
Zoning: RL
919 days on market

VestorFilter™

Price per unit$200K/unit
Price per ft²$196.85/ft²
Price per acre$1.7M/ac
Price per bedroom$100K/bed
Time on market919 days

Property Description

Well-built duplex with multiple upgrades including roof/ gutters/ downspouts/ facia boards (2014), hard plank siding (2010), garage doors (2008). Unit 3514: fireplace insert, range, and dishwasher (2017) furnace (2010). Unit 3524: Range (2008) and fridge (2016). Some flooring updates in both units. Both units are 2 beds, 1.5 baths. 3514 has a two-car garage and 3524 is a single garage. Rents are $950 and $885, tenant pays all utilities other than water/ sewer.

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Financial Data

Date Sold2021-11-30
Sold Price$400,000
Original Price$409,900
Current Price$400,000
Property Taxes$2,770

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Home Facts

StatusSold
Year Built1972
Stories1
Exterior Features
MLS ID21398602

Unit Details

Unit 1
Unit 2