4085 Glenwood Dr Se, Salem, OR 97317

Property Description

Two Homes + Shop on One Lot. Rare opportunity to own a newer 4-bedroom home plus a fully permitted 2-bedroom ADU. Ideal for multigenerational living, rental income, extended family, guests, or additional income. The 1,640 sq ft main home was built in 2019 and offers single-level living with 4 bedrooms and 2 bathrooms, quality finishes, double ovens, a gas furnace, heat pump, and durable flooring throughout. The 950 sq ft ADU offers 2 bedrooms and 1 bathroom. Originally built in 1946, it underwent an extensive permitted renovation in 2020, including new plumbing, electrical, insulation, roof, siding, structural improvements, and an expanded bathroom, laundry and utility area. It also has ductless heating and cooling. The two homes are separated by a divider fence for added privacy. Live in one and rent the other, keep family close while maintaining separate living spaces, or use the ADU for guests. A powered two-story 22' x 24' shop and adjacent 18' x 22' carport add substantial workspace and storage. The homes share water and sewer, with separate electric meters. Construction photos documenting the improvements are available. Seller financing available: $100,000 down, 6.3% interest, 30-year amortization. Terms negotiable and subject to seller approval