May 2021 Newsletter
2025 Trade st se, salem or
Single Family | $210,000| May 2, 2021
Super adorable 1 bed 1 bath cottage with a large fenced yard in downtown Salem! This move in ready single family home is perfect for a first time homebuyer, an investment property (short term rental/AirBnB), a private office, or someone looking to downsize.
Total Sq Ft: 476
Lot Size: 4798 sq ft
Year Built: 1946
Property Taxes: $1,173.71 (2020)
What I love about this property
Price! It's rare to see an updated move in ready single family home in at this price
Beautiful landscaping and fence
Large lot (relative) with potential to build
Low property taxes
AirBnB potential - traveling nurses (Salem Health), visiting professors (Willamette University), etc.
Income potential
Estimated Short-term rental AirBnB income $1600/month but income will vary depending on the season
Buyer to do due diligence and research the best investment potential for this property.
About the City of Salem
Salem is the capital of Oregon and is the second largest city in the state with a population over 400,000 in the metro area
Major employers include: State of Oregon, Salem Health, Willamette University, etc.
Amazon Distribution Center opened in 2019
Family friendly, close to local farms and vineyards
