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Listed by Vintage Realty Northwest
$ 580,000
Est. payment | /mo
2,149 SqFt
$ 580,000
Est. payment | /mo
2,149 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,149 sqft
Price per Sqft $269
MLS Listing ID 24439552
Year Built 1956
Annual Tax Amount $3,082
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
Opportunity knocks! Great looking fourplex where one company leases all four units and PAYS ALL UTILITIES! Well established tenancy record of almost two years. The property is under professional management and the laundry center is available to all tenants. Tens of thousands of dollars in recent upgrades. The seller is in the process of combining the two existing parcels into one to assist in financing. Expected final approval date is January 1. Central location just blocks from the State Capitol, Willamette University, and Salem Hospital. Almost $50k in recent upgrades. List price includes a .06-acre adjacent parcel at 1445 Ferry St. SE. Buyers responsible for their own due diligence. Property is in 500-year flood plain. County says 1956 build, but seller does not guarantee. The structure appears older.
Location
State OR
County Marion
Community Laundry
Area _174
Zoning RM2
Rooms
Basement Partial Basement
Interior
Heating Other
Exterior
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Flood Zone, Level
Story 2
Foundation Concrete Perimeter, Other
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Bush
Middle Schools Leslie
High Schools South Salem
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Rett Pratt
REALTOR® | Lic# 890300192