Charming detached 4-unit multifamily property ideally situated near downtown Salem, public transit, and local colleges. Each unit is a 1BD/1BA (tub/shower), fridge, stove/oven, private entrance, individual electric meter, and separate water heater — set up for straightforward management and tenant privacy. The building was substantially remodeled and partially rebuilt in the early 1990s with continued updates since: newer water heaters, fresh flooring throughout, and roof replaced in 2017. Residents enjoy dedicated off-street parking, on-site coin-operated laundry, and a fully fenced backyard courtyard. Showings available by appointment only. Seller is related to listing agent.
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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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