2027 CORAL NE AVE, Salem, OR 97305

$400,000
4
BD
1
BA
1,852
SqFt

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List Price
$400,000
Days on Market
42
Status
ACTIVE
MLS#
498772327
Bedrooms
4
Bathrooms
1
Living Area
1,852
Lot Size
7, 000 to 9, 999 SqFt
Region
Marion Co: East Salem N

Property Description

This property opens the door to a variety of possibilities with a single-family home and duplex situated on one lot. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or create a multigenerational living setup, opportunities like this are hard to find. The duplex features two 1-bedroom, 1-bathroom units and has a strong rental history with minimal vacancies. The main home has updated plumbing, while the property also includes underground sprinklers in both the front and backyard, a spacious yard, and additional storage with a shed. The home roof was replaced approximately 3 years ago with a Presidential roof, and the shed roof is approximately 4 years old. RV parking adds even more flexibility. Convenient Salem location close to shopping, dining, schools, and everyday amenities. Rare chance to own multiple income-producing units on a single parcel.

Additional Information

Tax Amount
$3,446
Year Built
1948
High School
McKay
Elementary School
Swegle
Middle School
Waldo
Fireplaces Total
1
Garage Type
Converted
Acres
0.22
Living Area
1,852
Stories
2
Property Type
Single Family Residence
Terms
Cash, Conventional, Owner Will Carry, Rehab
Master Bedroom Level
Main
Cooling Description
None
Fireplace Description
Wood Burning
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Bungalow
Parking
Driveway, On Street
Parking Description
Driveway, On Street
Road Surface
Concrete
Exterior Features
Accessory Dwelling Unit, Covered Deck, Fenced, RV Parking, RV/Boat Storage, Second Residence, Security Lights, Yard
Kitchen Appliances
Free-Standing Range, Free-Standing Refrigerator

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Premier Partners.

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