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Listed by SHAREEF HAGAG • HOMESMART REALTY GROUP • Agent: 503-510-2607
$ 725,000
Est. payment | /mo
8 Beds
4 Baths
3,591 SqFt
$ 725,000
Est. payment | /mo
8 Beds
4 Baths
3,591 SqFt
Key Details
Property Type Multi-Family
Sub Type 4-Plex
Listing Status Active
Purchase Type For Sale
Square Footage 3,591 sqft
Price per Sqft $201
MLS Listing ID 814071
Bedrooms 8
Year Built 1964
Annual Tax Amount $4,475
Tax Year 2023
Lot Size 0.310 Acres
Acres 0.31
Property Description
Back on Market! Amazing investment opportunity in Salem! Fully rented with good tenants on this 4-plex investment! Conveniently located near shops, college, and bus lines! New roof in 2019 and exterior touch ups! New coin operated laundry installed onsite for extra revenue. Great cap rate of %6.384 on this investment and pro forma %7.19 with plenty of value to take it to the next level!
Location
State OR
County Marion
Area 20 Central Salem
Interior
Hot Water Gas
Laundry Laundry Center
Exterior
Fence Yes
Roof Type Shake
Building
Foundation Continuous
Sewer City
Water City
New Construction No
Schools
Elementary Schools Hayesville
Middle Schools Adam Stephens
High Schools Mckay
Others
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
