Presented by: Paramount Real Estate Services -
Property Description
Hard to find home with an additional ADU offering a duplex situation on a corner lot with flexibility of owner occupied or investment opportunity. Conveniently located in desired Fairmount area with easy access to shopping, restaurants, Minto Brown and Riverfront Parks. The home is a classic 1923 Craftsman with front covered porch and great character along with a newer built garage with additional 728 SF ADU above it with 1 bedroom and 1 bath perfect for dual living or to rent out. Home has new roof.
Interior Features
Bedrooms
Unit 1 Beds Total3
Unit 2 Beds Total1
Bathrooms
Unit 1 Baths Total1
Unit 2 Baths Total1
Other Interior Features
UnitType1ActualRent2050
UnitType1UnitsTotal1
UnitType2ActualRent1125
UnitType2UnitsTotal1
FuelDescriptionElectricity, Gas
Unit TypeUnitTypeType1, UnitTypeType2
General
Accessory Dwelling Unit Y/NN
CitySalem
CountyMarion
DirectionsCommercial St., West on Owens
DisclosuresDisclosure
Elementary SchoolOther
Garage Spaces2.0
Gross Income34800.0
HOANo
HeatingBaseboard, ForcedAir
High SchoolSouth Salem
Legal DescriptionSOUTHWEST ADDITION, BLOCK 3, LOT FR 8, ACRES 0.17
Listing TermsCash, Conventional
Lot Size Square Feet7,405 sqft
MLS Area_172
Middle/Junior High SchoolLeslie
Net Operating Income20652.0
Number Of Units Total2
Operating Expense14136.0
Parcel Number592,013
Property TypeMultiFamily
Rent IncludesMaintenanceGrounds, Sewer, Water
RoofComposition
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount$4,050
Tax Year2025
ViewDescriptionTerritorial
Virtual TourClick here
Year Built1923
ZoningFR 8
Exterior
Exterior DescriptionLapSiding, WoodSiding
Foundation DetailsSlab
Lot Size Acres0.17
Total Parking2.0
Water SourcePublicWater
Additional Details
Price History
Schools
High School
South Salem High School
Middle School
Leslie Middle School
Elementary School
N/A
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