4433 State St - Apartments FOR SALE


Salem, OR 97301
$800,000 USD
360-718-8787
4433 State St, Salem, OR for Sale
$800,000 USD
Apartments - FOR SALE
1/10
null | 5.4% Cap Rate

4433 State St
Salem, OR 97301


HIGHLIGHTS

  • Under market rents
  • Professionally managed
  • Owner Pays Water & Sewer, tenants responsible for all other utilities

OVERVIEW

Professionally managed, fully leased three 2-bedroom units and one 1-bedroom unit. Tenants play all utilities except for water and sewer. Units have washer and dryer hook-ups. Large sized lot provides for an opportunity to build additional units.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

4

PRICE/UNIT

$200,000

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1937

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

RM

APN/PARCEL ID

524173

ASK ABOUT THIS PROPERTY

Andi CostelloVenture Commercial Real EstateMore Info
360-718-8787

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Andi CostelloVenture Commercial Real EstateMore Info
360-718-8787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.