Bought with eXp Realty, LLC
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1207 D ST NE Salem, OR 97301
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Key Details
Sold Price $820,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23563538
Sold Date 01/03/24
Year Built 1962
Annual Tax Amount $4,218
Tax Year 2022
Property Description
The future upside for the next owner is to increase the current rents to market, which should bring the cap rate to approximately 6.5%. Additionally, if washer/dryers are added in the units to increase the rents, the cap rate should increase to approximately 7.5%. Please contact agent for additional information.
Location
State OR
County Marion
Area _176
Zoning RM2
Interior
Heating Other
Cooling Wall Unit
Exterior
View Y/N false
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Middle Schools Parrish
Others
Acceptable Financing CallListingAgent
Listing Terms CallListingAgent
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