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About the Listing 691 - 10414
Solid investment duplex in a strong rental market! This well-maintained property features two separately metered units: a spacious 3-bedroom unit estimated to rent for $2,400/month, and a cozy 1-bedroom unit projected at $1,200/month. Current market rents generate a combined $44,400 in annual gross income with tenants covering all utilities except water/sewer. Refer to WVMLS #827762 With a projected cap rate over 5% and cash-on-cash returns approaching 6% by year two (including rent growth and tax benefits), this property offers investors a balanced blend of immediate cash flow and long-term equity growth.Recent upgrades and reliable tenant demand help minimize vacancy, currently averaging just 1% in this area. Located near key commuter routes and local amenities, this is an ideal addition to any rental portfolio—or a perfect opportunity for owner-occupancy with rental income offsetting your mortgage.
Listing Highlights for 2806 Livingston St NE
Status
Active
Days on Site
134
Property Type
Multi-Family
MLS ®
828137
Year Built
1952
Total Square Footage
2,474
Lot/Acreage
0.23
County
Marion
Neighborhood
Davis
Area
20 CENTRAL SALEM
Elementary School
Washington
Middle School
Waldo
High School
North Salem
Interior Details
- Bedrooms: 4
- Bathrooms: 2.5 Full
- Appliances: Yes, Electric, Range Included, Refrigerator Included
- Air Cond:
- Heating: Gas,Forced Air
- Fireplaces: Living Room,Wood
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City
Exterior Details
- Lot Description: Dimension Above,Yes
- Garage Capacity: N/A
- Lot Dimensions: 87x105
- Roof: Composition
- Others: Unit 2808 front door,Cedar,Shingle
- Sewer: City
Financial Details
- Tax Amount: $3,668
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
2806 Livingston St NE Salem, OR 97301
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