4324 47TH AVE NE

Salem, 97305

  • 4 Bed

  • 2 Bath

  • 1796 SqFt

  • 2 DOM

  • Built: 1976

  • Status: Active

$439,900

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4324 47TH AVE NE

Salem 97305

$439900

  • 4 Bed

  • 2 Bath

  • 1796 SqFt

  • 2 DOM

  • Built: 1976

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Fully rented, corner lot, single-level duplex in quiet part of Hayesville neighborhood! Potential to live in one side and rent out the other. Both units (4324 47th and 4710 Linfield) are similarly sized, but slightly different layouts. Both units have a generous single-car garages. Rents are $1,330 and $1,395 with excellent tenant history. With minimal expenses, this brings a cap rate of nearly 6% when factoring in taxes and Seller's current insurance rate. There is a new roof and new gutters and fresh paint. Well maintained units!

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