4702 LANCASTER DR Salem, OR97305

$340,000
4 total units
7 total bedrooms
4 total bathrooms
$39,204 annual income
Capitilization Rate: 10.14
2888 total sq. ft
20,000 SqFt to .99 Acres
Elementary School: Hayesville
Middle School: Stephens
High School: McKay
Zoning: RS
1354 days on market

VestorFilter™

Price per unit$85K/unit
Price per ft²$117.73/ft²
Price per acre$723.5K/ac
Price per bedroom$48.6K/bed
Time on market1354 days

Property Description

Investment opportunity! 4 units on one tax lot! Combined rent for all four units is $3,267/month. Three 2-bedroom/ 1-bath homes and one 1-bedroom/1 bath home. Located on the corner of Lancaster Dr. and Hayesville Dr.

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Financial Data

Date Sold2020-09-10
Sold Price$340,000
Original Price$359,000
Current Price$340,000
Property Taxes$3,051

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Home Facts

StatusSold
Year Built1945
Green/Energy SupplementNo
MLS ID20331497

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4