1710 CAPITOL ST NESalem, OR 97301
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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.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Price changed to $998,000 | |
| a month ago | Listing first seen on site |
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Last checked 2025-04-09 03:04 AM PDT.
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