VALUE-ADD INVESTMENT OPPORTUNITY IN SALEM!
Attention investors, landlords, and rehabbers! This value-add property offers strong income-producing potential and multiple exit strategies. Currently configured as a 3-bedroom, 1 & 1/2-bath home, the layout presents separate front and rear entrances for each side.
Located on a quiet street within the Salem R-80 School District, this property is ideal for investors seeking a fix-and-flip, BRRRR strategy, long-term rental, house hack, or cash-flowing addition to an existing portfolio. With solid square footage and a functional layout, this property is ready for renovation and repositioning.
The detached shed/garage provides additional storage space for tenants, equipment, tools, or workshop use, adding further value to the property.
Property Highlights:
Value-add investment
Separate entrances for each side
Rental income potential
Fix-and-flip opportunity
BRRRR investment candidate
Cash-flow potential
Detached shed/garage
In-town location near amenities
Quiet residential street
Bring your contractor and vision, properties with this much upside and investment potential don't come along often. Sold as-is.
43 days
|
411
|
12
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Shay R Shults,
Acar Real Estate, Inc
Source: MARIS,MLS#: 26037086Originating MLS: South Central Board of REALTORS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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