About This Home
This 5-bedroom, 4-bathroom residential multi family at 1385 HINES St in Salem, OR is listed for $580,000 ($230 per sqft). Built in 1920, the home offers 2,525 sqft of living space on a 0.29 acres lot.
Key Features
- Built in 1920
- 0.29 acre lot
Property Details
Tons of value in this Salem 4 plex! Two separate buildings - the front building is a nicely converted, classic bungalow, with three units. The back building is a stand-alone 2 bed/1 bath house. Main building features a 2 bedroom/1 bath unit, an upstairs studio, and a 1 bedroom unit at the rear of the home.
Stand alone house boasts 2 bedrooms, 1 bath, and enjoys a quiet, private setting. Fully rented! Lots of interior updates in 2021, newer Hardi siding on the front house, tons of parking for tenants and a wonderful central location, close to Willamette University, and all the best of downtown Salem. This is a solid rental with lots of potential!
Monthly Cost Estimate
$3,102/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1385 HINES St
Salem, OR 97302
Property Details
Heating
Questions & Answers
This 5-bedroom, 4-bathroom residential multi family at 1385 HINES St is listed at $580,000 ($230/sqft). The estimated monthly payment is $3,102 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.29 acre lot.
This property is listed by Tom Ramsey and can be reached at 5034810501.