17
0
3660 State (-3666) St
Salem, OR 97301
Residential Multi Family (Other)
0.32 Acres
3988 Sqft Living Area
10 Bedrooms
4 Bathrooms (4 Full, 0 Half)
Year Built: 1977
$850,000
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Property Description
Rare Fourplex Investment Opportunity in Salem! This villa-style multifamily complex features two 2/1 units and two 3/1 units for a total of 10 beds across all 4 units. Complex is currently fully-rented at market rate with over 7% CAP on actuals, and 8% pro-forma with some rent upside. Units have been well-maintained inside and out, including common-area landscaping and recent roof maintenance. Separate 4-car garage offers covered parking/storage. Tucked in between Lancaster and I5 for easy commuting.
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Contact Details
Name: ALEX MCCARTHY
Email: alexmc@johnlscott.com
MLS Listing Id: 813345
Agent Phone: (541) 514-1779
List Agent License:
Office Name: JOHN L. SCOTT-SALEM
Office Phone: (503) 585-0100
Office MLS Id: 4
Listing Status: Active
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