MLS# 24154154 – 2806 Livingston St Ne, Salem, OR 97301 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Vantage Point Brokers, LLC.

Property Description

Description

2 Units

Status: Active

Year Built: 1952

Days on Website: 73

Unique home duplex on a large corner lot w/two driveways, two car garage w/parking & 4 car carport and street parking. Two separate yards for both units w/possible RV parking as well. Complete interior/exterior remodel includes, new paint, roof on home, gutters, doors, windows, flooring throughout, kitchen countertops, sinks, vanities & more. 2808 is the larger unit w/ample room, family room, living room, laundry room, storage and along w/2 car garage. 2806 is a smaller unit w/hookup for stackable W&D w/parking streetside or in carport. Great location in Salem close to state fairgrounds & downtown attractions and colleges. Zoning allows 4 units on the big lot. Great investment Opportunity!

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

2474

Built in 1952

Storage:

Attic,Garage

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling:

None

Expenses

Operating Expense Scheduled:

3560

Operating Expense:

$3,560

Exterior Features

Exterior Description:

Cedar,ShakeSiding

Foundation

Foundation Details:

ConcretePerimeter

Garage

Garage Spaces:

Heating

Heating Available

Heating:

ForcedAir,WallHeater

Income

CAP Rate:

7.21

Gross Income:

$43,200

Gross Rent Multiplier:

12.73

Gross Scheduled Income:

$43,200

Net Operating Income:

$39,640

Net Scheduled Income:

39640

Listing

Contract Status Change Date:

2024-09-10

Days On Market:

Last Transaction Date:

2024-10-01 09:25:13

List Price:

$550,000

Listing Contract Date:

2024-09-10

Listing Id:

24154154

Mls Status:

Active

Modification Timestamp:

2024-10-25 00:25:48

On Market Date:

2024-09-10

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_176

County Or Parish:

Marion

Lot

Features:

CornerLot,Level,PublicRoad

Size Acres:

0.21

Size Range:

SqFt7000to9999

Size Square Feet:

9,147

Size:

7,000 to 9,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Attached,Carport

8 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

Roof

Roof:

Composition,Flat

Schools

High School:

North Salem

Middle Or Junior School:

Waldo

Elementary School:

Swegle

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$3,569

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,200

Area:

750

Features:

WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$2,400

Area:

1724

Features:

Storage,WasherDryerHookup

Units Total:

6 total bathrooms

4 total bedroom

Utilities

Fuel Description:

Electricity,Gas

Hot Water Description:

Electricity,Gas

Internet Service Type:

Cable

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$550,000 -

2806 Livingston St Ne Salem , OR 97301

MLS Area Major: _176

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.