1416 - 1456 D St Ne
Salem,
OR
97301
Property Details
List Price: |
$1,250,000 |
Beds: |
15 |
Baths: |
8 |
Status: |
Active |
SqFt: |
6940 |
Agency: |
SMI COMMERCIAL REAL ESTATE, LLC |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1970 |
Notes: |
8 units consisting of (7) 2 bed / 1 bath and (1) 1 bath/ 1bath. Below market rents w/significant upside. 1 unit was recently renovated. Property is professionally managed allowing for hassle-free ownership if buyer desires to retain management. Current 5.3 cap rate based on actual data. Ideal for investors seeking appreciate and higher ROI. Prime location with strong rental demand. Located less than one block east of North Salem High School and close to Parrish Middle School. Do not disturb the residents |
MlsNumber: |
809323 |
Estimate Your Monthly Payment
Listing Provided By: |
SMI COMMERCIAL REAL ESTATE, LLC, original listing |
Name: |
SMI COMMERCIAL REAL ESTATE, LLC |
Phone: |
(503) 390-6060 |
Office Name: |
SMI REAL ESTATE |
Office Phone: |
(503) 390-6060 |
Agent Name: |
PATRICK MULHERN |
Disclaimer: |
Copyright © 2024 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |