4434 LANCASTER DR NE
SALEM, OR 97305

$749,900

N/A Beds

0 Baths

3,591 Sq Ft

Status Active

MLS# 24172729

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!

Details for 4434 LANCASTER DR NE

Built in 1964

$209 / Sq Ft

6 parking spaces

Baseboard

34 Days on website

0.31 acres lot

Interior

Living Area

3,591 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1964

Exterior And Lot

Lot Size Acres

0.31

Lot Size Square Feet

13503

Parking Features

Paved

Parking Total

Zoning

Utilities

Heating

Baseboard

Area And Schools

City

Salem

County Or Parish

Marion

Elementary School

Hayesville

High School

Mckay

Middle Or Junior School

Stephens

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$4,475.44

Tax Year

2023