$725,000
Active
36 Days Online
0 Beds0 Baths3,591 SQFT
Active

4434 Lancaster (-4440) Dr NE Salem, OR 97305

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Amazing investment opportunity in Salem! Fully rented with good tenants on this 4-plex investment! Conveniently located near shops, college, and bus lines! New roof in 2019 and exterior touch ups! New coin operated laundry installed onsite for extra revenue. Great cap rate of %6.384 on this investment and pro forma %7.19 with plenty of value to take it to the next level!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyMarion
  • Taxes$4,475
  • HOA/Condo/Coop Fees$0
  • Days on Site35 Days
  • MLS StatusActive
  • MLS ID Number814071
  • Home Size Source N/A
  • Year Built1964
  • Lot Size0.31 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Sewer Public Sewer
  • Acreage 0.31
  • Water Public
  • Property Sub Type Quadruplex

Interior Features

  • Laundry Features Laundry Center

Exterior Features

  • Roof Shake
  • Fencing Fenced

Community Features

  • MLS Area 20 CENTRAL SALEM

Schools

School District
Unknown
Elementary School
Hayesville
Middle School
Adam Stephens
High School
McKay

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Monthly Payment (Est.)

$3,507
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