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1585 Egypt Rd

1585 Egypt Rd — Photo 1

$1,500/ mo
Doesn't include deposits and fees
3 beds1.5 baths2160 sqft house
1585 Egypt Rd

Your booked tour

What you get

Pet-friendlyLaundry

Costs, fees, and lease terms

Lease terms

This is a Land Contract to purchase this house. $25,000 down payment $1,500 a month till it is paid off.

Pricing comparison

$500

At $1,500, this listing is priced $500 more than the current market rate for a 3 bedroom home in Salem.

Pets

  • Dogs

    Allowed
    Number allowed5

  • Cats

    Allowed
    Number allowed5

The neighborhood

About the building

Almost 5 Acres Private Land Salem OH Owner Open to Land Contract $129,000 FOR SALE BY OWNER 1585 Egypt Road, Salem, OH 44460 Price: $129,000 APN /… Parcel Number: 50-05262.000 Selling almost 5 acres of private, secluded land located at 1585 Egypt Road, Salem, Ohio 44460. This property was recently purchased at auction and is being sold mainly for land value and future development potential. There is an existing house on the property, but the house is dilapidated, unsafe, and not suitable for normal entry. Buyers must understand upfront that the structure is in very poor condition and may need major repairs, demolition, or complete replacement. The value here is the land: almost 5 acres, private setting, secluded feel, and a great opportunity for someone looking for space, privacy, an RV setup, prefab home, modular home, new construction, hunting/recreational use, or a future homesite, subject to all city, county, township, zoning, building, septic, water, and permit approvals. Property Highlights: Almost 5 acres Private and secluded setting Prime land opportunity Existing prior homesite area Great potential for RV, prefab, modular, or new home Quiet country feel Possible future development site Possible existing utility infrastructure from prior homesite buyer to verify Being sold strictly AS-IS Owner open to land contract with a strong down payment Possible 15-Year Tax Abatement for New Construction Buyer to Verify The City of Salem may offer a 15-year tax abatement through Ohio's Community Reinvestment Area program for qualifying new construction. This may allow a buyer to avoid paying property tax on the increased value of a newly built home or structure for up to 15 years, while continuing to pay taxes on the land value. For example, if a buyer builds a new home, the tax abatement may apply to the new improvement value, not the land itself. This could be a major benefit for someone looking to build a new home, prefab home, modular home, or other approved residential structure. Buyer to verify all information directly with the City of Salem, zoning department, county auditor, building department, health department, and any other applicable agencies. Seller does not guarantee approval, eligibility, savings amount, zoning, permits, acreage, utilities, septic, well, water source, sewer, buildability, or tax treatment. Buyer must complete all due diligence before purchase. Important Disclosure / Hold Harmless Required Before Entry: The existing house is in very poor, dilapidated condition. It may be dangerous to enter. Seller makes no representation that the house is safe, habitable, repairable, or suitable for occupancy. Due to the dangerous and dilapidated condition of the existing structure, no buyer, agent, inspector, contractor, or visitor may enter the house or property without seller's prior written permission. Anyone entering must first sign a Release / Hold Harmless Agreement. No exceptions. This property is being sold strictly AS-IS, WHERE-IS, with all faults. Seller makes no warranties or guarantees. Buyer to verify all facts, zoning, permits, tax abatement eligibility, utilities, acreage, condition, water source, septic/sewer, and intended use. Price: $129,000 Address: 1585 Egypt Road, Salem, OH 44460 APN / Parcel Number: 50-05262.000 Terms: Cash preferred. Owner open to land contract with a strong down payment. Serious buyers only. Please drive by first, then contact me if interested. Do not enter the house or property without permission. Buyers and all visitors must sign a hold harmless release before entering.

The property manager

Nearby schools

Students who live in 1585 Egypt Rd attend the following Salem City School District (Unified School District) public schools:

Showing 4 of 5 schools.

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1585 Egypt Rd

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