Welcome to 945 Belmont Street NE, a charming single-family residence in the heart of Salem, blocks from the Oregon State Capitol, Willamette University, and Riverfront Park. Mature trees and great neighbors surround the property. This traditional craftsmanship offers timeless appeal with the bonus of an income potential. The main home features classic built-ins while the separate unit provides an excellent opportunity for guest housing or multigenerational living - ideal for buyers looking to invest in value. Step through the front door into a cozy living room featuring original hardwood floors, a fireplace, and large windows that fill the space with natural light. Walk through the classic French glass panel pocket doors to the adjacent dining room, which offers built-ins and ample space for hosting family. The dining flows seamlessly into the kitchen, complete with stainless steel appliances. The main bedroom has its own full bathroom, a second beautifully updated full bathroom with modern finishes, and a William Sonoma Vanity. Upstairs are three bedrooms, and the updated basement has lots of natural light from windows on three sides and a beautiful renovated subway tile full bathroom. Modern upgrades include Daikin Ductless heating and AC units on all three levels of the home. Water lines were upgraded to PEX tubing and an upgraded electrical panel. The roof was installed 10 years ago, with plenty of life left. Don't miss out on this opportunity to own a piece of downtown Salem.