OR > Salem
Salem, OR 97301,1710 CAPITOL ST NE
Salem, OR 97301,1710 CAPITOL ST NE
Salem, OR 97301,1710 CAPITOL ST NE
Salem, OR 97301,1710 CAPITOL ST NE
Salem, OR 97301,1710 CAPITOL ST NE
Salem, OR 97301,1710 CAPITOL ST NE
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Shannon Lambert

Shannon Lambert

+1(503) 347-0159
Listed by CORE, Realtors
$ 998,000
Est. payment | /mo

4,800 SqFt

Save
$ 998,000
Est. payment | /mo
Save

4,800 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $207

MLS Listing ID 695518904

Year Built 1930

Annual Tax Amount $5,713

Tax Year 2024

Lot Size 3,484 Sqft

Property Description

NEW PRICE: Excellent solid investment 6-plex in the heart of Salem. Central location. 6 units all rented on month to month. No deferred maintenance. Newer electrical, plumbing, water lines, and appliances. Roof in excellent condition. Units have ceiling fans, hardwood floors. Some units recently remodeled. The property was awarded Most Improved Property of the year in the Salem area. Seller will also offer to carry financing, with 20-25% down, at 4% interest only for 5 years. With a cash offer, Seller will do a 1031 Exchange. Coin-op laundry provides extra income.Annual gross income $67,920. Annual Expenses $15,432 (23% of AG) 4.8 CAP. Access to property only with an accepted offer.

Location

State OR

County Marion

Community Alllandscaping, Laundry

Area _174

Zoning RM2

Rooms

Basement Full Basement

Interior

Heating Wall Heater

Exterior

Community Features AllLandscaping, Laundry

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Grant

Middle Schools Parrish

High Schools North Salem

Others

Acceptable Financing Cash, Conventional, OwnerWillCarry

Listing Terms Cash, Conventional, OwnerWillCarry

Regional Multiple Listing Service (RMLS)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 347-0159

homeinsightshannon@gmail.com

1112 Daniels St, Suite 102-D, Vancouver, 98660, USA

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1710 CAPITOL ST NE