MLS# 24153382 – 3522 Ibis St, Salem, OR 97305 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of John L. Scott Salem.

Property Description

Description

2 Units

Status: Active

Year Built: 1968

Neighborhood: Hayesville Subdivision Additio

Days on Website: 243

Cul de sac location, freshly painted on the exterior. Long term tenants, rents going up May 1 to posted amounts. Tenants pay all utilities, water, sewer and garbage. Units come with a wood burning fire place. Tenants very easy to work with and would like to stay. Easy access to I-5 and lots of shopping. New roof installed 6/24/24.

Property Details and Features

Building

Built in 1968

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense:

$3,941

Exterior Features

Exterior Description:

LapSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

5.14

Gross Income:

$24,360

Gross Rent Multiplier:

16.38

Net Operating Income:

$20,519

Listing

Contract Status Change Date:

2024-03-25

Days On Market:

242

Last Transaction Date:

2024-10-21 16:20:33

List Price:

$399,000

Listing Contract Date:

2024-03-25

Listing Id:

24153382

Mls Status:

Active

Modification Timestamp:

2024-10-21 16:20:33

On Market Date:

2024-03-25

Previous List Price:

$405,000

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_177

Subdivision Name:

Hayesville Subdivision Additio

County Or Parish:

Marion

Lot

Features:

Cul_de_sac

Size Acres:

0.2

Size Range:

SqFt7000to9999

Size Square Feet:

8,712

Size:

7,000 to 9,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Carport

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Unknown

Zoning:

Roof

Roof:

Shingle

Schools

High School:

Other

Middle Or Junior School:

Other

Elementary School:

Other

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$2,995

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,150

Area:

1005

Features:

Disposal,Fireplace,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$880

Area:

1005

Features:

Fireplace,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$399,000 -

3522 Ibis St Salem , OR 97305

MLS Area Major: _177

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.