2027 CORAL AVE NESalem, OR 97305
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.
- Property Type:
Residential
- Architectural Style:
Bungalow
- Bedrooms:
4
- Bathrooms:
1
- Dwelling Size:
1,852 Square Feet
- Lot Size:
0.22 Acres
- Lot Description:
- Stories:
2
- Year Built:
1948
- Interior Features:
- Exterior Features:
AccessoryDwellingUnit, CoveredDeck, Fenced, RVParking, RVBoatStorage, SecondResidence, SecurityLights, Yard
- Parking:
Garage or Parking Spaces: 0
Features: Driveway, OnStreet
- Area:
_176
- Views:
- Schools:
High School(s): McKay
Middle School(s): Waldo
Elementary School(s): Swegle
- HOA:
- Senior Community:
- Heating:
ForcedAir
- Cooling:
None
- Appliances:
FreeStandingRange, FreeStandingRefrigerator
- Fireplace:
Fireplace(s): 1
Features: WoodBurning
- Accessibility:
- Security Features:
- Foundation:
- Roof:
Composition