Courtesy of KELLER WILLIAMS REALTY MID WILLAMETTE, CHERISE KISH, Agent: 503-753-4898
ACTIVE UNDER CONTRACT
1055 16th (-1085) St
Salem OR, 97302
$999,000
$261.79 per sqft
ACTIVE UNDER CONTRACT
12 Beds
6 Baths
3,816 sqft
Multi-family
Built in 1945
Accepted Offer with Contingencies. Rare investor opportunity! Here is your chance to own a cash flowing 6-plex with current tenants for all units in SE Salem! Featuring, 2 bed, 1 bath per unit, all new panels/ meters along with W/D hook ups going in 4/24. New floors, kitchens, bathroom updates, exterior paint, vapor barrier, shared storage between each unit, large common areas for green space, dedicated parking, a great cap rate of 8.68%, and much more! Inquire now! Seller is licensed real estate broker & member to owning LLC.
813529
MLSⓇ ID
February 21, 2024
Listed
May 15, 2024
Updated
Map
1055 16th (-1085) St
Salem OR, 97302
Interior Features
Bedrooms
12
Total Bathrooms
6
Appliances
Electric, Refrigerator Included
Laundry Description
W/D Hookup
Floor Description
Laminate
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.29 Acres
Lot Features
Irregular
Roof
Composition
Sewer
City
School Information
School District
25
High School
South Salem
Elementary School
Bush
Other Property Details
Area Name
40 SOUTHEAST SALEM
Taxes
$5,376
Tax Frequency
Annually
Garage
No
View
Yes
View Description
Territorial
County
Marion
Municipality
South Salem
Water Source
City, Connected
Pool
No
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
4/25/2024 | Price Change | $999,000 -5% |
3/28/2024 | Price Change | $1,050,000 -9% |
3/8/2024 | Price Change | $1,150,000 -5% |
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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