425 Madrona (-427) Av S Salem, OR 97302
Listing Courtesy of: WVMLS / Windermere Willamette Valley / Gerald Furgala

  425 Madrona (-427) Av S Salem, OR 97302

Pending (24 Days)
$439,000
4
BED
1,728
SQFT

Description

Accepted Offer with Contingencies. Excellent investment property with strong occupancy record and CAP rate. Great neighborhood and location in south Salem, convenient access to Commercial St. or Liberty Rd and I-5. Very clean and well maintained. Each single-level unit has spacious fully fenced yard, off-street parking w/attached garage. Possible low down FHA/VA financing w/owner occupancy of vacant unit supplemented by a great rental rate and revenue from long-term tenant in second unit. High tenant demand in queue for the next investor. Offer deadline on Monday 02/12/2024 at noon. Seller to respond Tuesday by 1pm. Seller reserves right to accept offer anytime.

MLS #:
813175
Taxes
$3,415(2023)
Lot Size
8,556 SQFT
Type
Multifamily
Year Built
1977
Views
Territorial
County
Marion County
Community
Ewald Fruit Farms

Listed By

Gerald Furgala, Windermere Willamette Valley, Contact: Cell: 281-701-6689
Source
WVMLS
Last checked Mar 1 2024 at 4:43 PM PST
Bathroom Details
Subdivision
  • Ewald Fruit Farms
Lot Information
  • Dimension Above
Property Features
  • Fireplace: Living Room
  • Foundation: Continuous
Heating and Cooling
  • Forced Air
  • Electric
Flooring
  • Vinyl
  • Carpet
Exterior Features
  • Roof: Composition
Utility Information
  • Sewer: City
School Information
  • Elementary School: Salem Heights
  • Middle School: Crossler
  • High School: Sprague
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
   
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Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.