44.9399337768555 -123.014633178711

1961 CENTER ST Salem, OR 97301

315667097 44.9399337768555 -123.014633178711 322 /listing/315667097-150069592/1961-center-st-salem-or-97301 False 0 1200000.0000 105 22626958 False
  • $1,200,000
  • 10,000 to 14,999 SqFt lot
  • Est payment $6441.86/mo

Property Information

  1. 10,000 to 14,999 SqFt Lot

Multi-Family in Salem

Centrally located 8 unit apartment complex! 2bd/1ba unit mix. 7 units are currently occupied on month to month leases, the 8th will be vacant upon closing. This is a great investment with tons of upside potential. On-site coin operated laundry and off street parking available to tenants. Financials can be emailed upon request.

Courtesy Of eXp Realty LLC

Main Features

  • Listing Status: Off Market
  • Year Built: 1956
  • Floors: 2
  • School District: Englewood
  • School District2: Parrish
  • School District3: North Salem
  • County: Marion
  • Taxes: $7,795.33
  • Units: 8
  • Zoning: RM2
  • MLS Number:22626958

Additional Features

  • Basement:
    • Unfinished
  • Community Features:
    • Laundry
  • Disclosures:
    • Disclosure
  • Exterior:
    • Block
  • Heating:
    • Baseboard
  • Heating Fuel:
    • Gas
  • Investor Information:
    • According to Owner
  • Limited Representation:
    • Full Service
  • Lot Size Range:
    • 000 to 14
    • 10
    • 999 SqFt
  • Occupancy:
    • Month to Month
    • Other
  • Offering Type:
    • Call Seller's Agent
  • ParkingFeatures:
    • Assigned
  • Price Type:
    • List Price
  • Road Surface:
    • Paved
  • Roof:
    • Tile
  • Security Features:
    • Fire Sprinkler System
  • Sewer Type:
    • Public Sewer
  • Terms:
    • Cash
    • Conventional
  • Unit 1 Features:
    • Dishwasher
    • Range
    • Refrigerator
    • Unfurnished
  • Unit 2 Features:
    • Dishwasher
    • Range
    • Refrigerator
    • Unfurnished
  • Unit 3 Features:
    • Dishwasher
    • Range
    • Refrigerator
    • Unfurnished
  • Unit 4 Features:
    • Dishwasher
    • Range
    • Refrigerator
    • Unfurnished
  • Unit 5 Features:
    • Dishwasher
    • Range
    • Refrigerator
    • Unfurnished
  • Unit Features:
    • Dishwasher
    • Range
    • Refrigerator
    • Unfurnished
  • Unreinforced Masonry Bldg YN:
    • No
  • Water:
    • Public Water
  • Cap Rate:
    • 4.20
  • Gross Income:
    • 72000
  • Legal Description:
    • ACRES 0.29
  • Net Operating Income:
    • 50342
  • Operating Expense:
    • 21658
  • Short Sale YN:
    • No
  • Tax ID:
    • Not Found
  • Unit 1 Apx Sq Ft:
    • 925
  • Unit 1 Rent:
    • 900
  • Unit 1 Total Baths:
    • 1
  • Unit 1 Total Beds:
    • 2
  • Unit 2 Apx Sq Ft:
    • 925
  • Unit 2 Rent:
    • 875
  • Unit 2 Total Baths:
    • 1
  • Unit 2 Total Beds:
    • 2
  • Unit 3 Apx Sq Ft:
    • 925
  • Unit 3 Rent:
    • 850
  • Unit 3 Total Baths:
    • 1
  • Unit 3 Total Beds:
    • 2
  • Unit 4 Apx Sq Ft:
    • 925
  • Unit 4 Rent:
    • 825
  • Unit 4 Total Baths:
    • 1
  • Unit 4 Total Beds:
    • 2
  • Unit 5 Apx Sq Ft:
    • 925
  • Unit 5 Rent:
    • 775
  • Unit 5 Total Baths:
    • 1
  • Unit 5 Total Beds:
    • 2
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
44.9399337768555 -123.014633178711

1961 CENTER ST Salem, OR 97301

315667097 44.9399337768555 -123.014633178711 322 /listing/315667097-150069592/1961-center-st-salem-or-97301 False 0 1200000.0000 105 22626958 False
  • $1,200,000
  • 10,000 to 14,999 SqFt lot
  • Est payment $6441.86/mo