Listing Courtesy of:
FCRE HOME
Agency Contact: Agent: 503-932-4181
BEDS8
BATHS8
SQUARE FEET4,080
MLS#837869
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSimpson Add
Property Description
Turn-key eight-unit multifamily investment in Southeast Salem, comprised of two separate one-story four-unit buildings on individual tax lots. Built in 1978 and extensively rehabilitated in 2018â??2019 with over $240,000 in capital improvements, the property is in excellent condition throughout. Recent upgrades include roofing, siding, parking, landscaping, interiors, and appliances. Professionally managed with coin-operated laundry, seven on-site parking spaces, landscaped grounds with irrigation, and separately metered electric utilities. Strong in-place operations with upside potential to increase NOI.
Property Features
Property Type: Multi Unit - Multiple
Home Style: Flat
Lot Size: 0.28 Acres
Roof Type: Composition
Taxes: $8,600
Year Built: 1978
Feature Descriptions
Days on Site: 12
Exterior: Shingle, Wood
Flooring: Luxury Vinyl Plank
Foundation: Continuous
Frontage: 103 Feet
Laundry: Laundry Center
Lot Dimensions: 103 X 120
Price Per Square Foot: 269.36
Property Use: Investment
Range: Electric, Range Included
Sewer: City
Units: 8
Water: City
Local Schools
High School: South Salem
Middle School: Leslie
Elementary School: Richmond
Listed By / Shown By
Listed By
Agency Name: FCRE HOME
Agency Contact: Agent: 503-932-4181
Shown By
Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222
Estimate Your Payment
Estimated Payment
$ 3,483.11 per month $2,445.90 Principal & Interest $716.67 Property Tax $320.54 Homeowner's Insurance