Hard to find 13 unit apartment complex. This property sits in the heart of Salem and is very easy to rent. Units are full and rent list is attached in pictures. This property is 2 addresses (entrances) on 1 tax lot. street #656 has 7 units / #658 has 6 more units. Unfinished basement with about 2500 sqft of additional space. Shared laundry room located in basement. Owner estimates about $70,800 annual net profit. this is approx.
Off market
$858,600
656 Center St NE, Salem, OR 97301
10beds
3baths
--sqft
MultiFamily
Built in 1915
-- sqft lot
$858,600 Zestimate®
$--/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
Heating
- Forced air, Heat pump
Property
Features
- Has view: Yes
- View description: City
Lot
- Size: 3, 000 to 4, 999 SqFt
Details
- Parcel number: 589465
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1915
Community & neighborhood
Location
- Region: Salem
Other
Other facts
- LotDescription: LEVEL
- PriceType: List Price
- PropertyCategory: MULTIFAMILY
- SewerDescription: PUBLIC
- ViewYN: Yes
- WaterDescription: PUBLIC
- FuelDescription: GAS
- HotWaterDescription: GAS
- BasementFoundation: SLAB, Full Basement
- Area: Marion Co: Central Salem
- LotSize: 3, 000 to 4, 999 SqFt
- Terms: Cash, Conventional
- OccupancyTypes: Month to Month, Other, Subsidy
- CommonAmenities: Laundry
- ListingStatus: Pending
Services availability
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$858,600
2% more+ $17,172
With Showcase(estimated)
$875,772