5985 SE FIRCREST ST, Salem, OR 97306

$550,000
List Price
$550,000
Days on Market
13
MLS#
22084613
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Marion Co: Southeast Salem
City
Salem
Status
Active

Property Description

Each unit of this well maintained duplex income property consists of 3 bedrooms, 2 bathrooms, and attached garage. County states total square footage as 2,728. Each unit is currently occupied. Total monthly income is $2,295.00. Tenants pay all utilities. 2021 taxes were $3,729 and insurance was $619.00. The roof is in great shape. Recent updates include windows and sliders, heat pumps, and driveway. There is insulation for duction as well as below the floors.

Additional Information

Tax Amount
$3,729
Year Built
1979
High School
Sprague
Elementary School
Wright
Middle School
Judson
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Heat Pump
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public Water
Sq Ft Approximate Building Total
2728
Capitalization Rate
4.89
Operating Expenses Actual
23192
Gross Income Actual
27540
Gross Rent Multiplier
19.97
Net Income Actual
26921
Occupancy Types
Leased
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
2295
Unit Type One Sq Ft
1364
Unit Type One Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of The Salem Real Estate Group.

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