House Sits On 0.4 Acres With Significant Amount Of Land On East Side Of House That Fronts On 40th Place. City Allows Development Of 5 Or More Rental Units (Including The House) And These Could Be Accessed From 40th Place. The House Is A Fixer And Could Possibly Be Made Into 2 Of The Minimum 5 Units. A Creative Developer/Investor Will Find Best Way To Create 5+ Rentals On This Land. Refer To Mls# 622054.
Off market
$482,200
1610 Lancaster Dr NE, Salem, OR 97301
3beds
1baths
1,861sqft
MultiFamily
Built in 1927
-- sqft lot
$482,200 Zestimate®
$259/sqft
$-- HOA
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$482,200
2% more+ $9,644
With Showcase(estimated)
$491,844