$749,900
Active
10 Days Online
0 Beds0 Baths3,591 SQFT
Active

4434 Lancaster Dr 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. Below market rents! Great %5.67 cap rate on this investment and pro forma %7.19 w/ 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 Site10 Days
  • MLS StatusActive
  • MLS ID Number24172729
  • 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
  • Water Public
  • Parking Spaces 6
  • Parking Features Paved
  • Attached Garage No

Interior Features

  • Heating Baseboard

Exterior Features

  • Parking Paved
  • Roof Type Shake

Community Features

  • HOA Includes Trash Collection

Schools

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

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Monthly Payment (Est.)

$4,080
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