2590 LANCASTER DR Salem, OR97305

$304,000
2 total units
5 total bedrooms
2 total bathrooms
$20,050 annual income
Capitilization Rate: 6.37
1975 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Scott
Middle School: Waldo
High School: McKay
Zoning: RM
1344 days on market

VestorFilter™

Price per unit$152K/unit
Price per ft²$153.91/ft²
Recent price drop$31,000
Price per acre$1.85M/ac
Price per bedroom$60.8K/bed
Time on market1344 days

Property Description

Investment property competitively priced! Duplex on corner lot with easy access to public transportation, all shopping and activities. 3bd / 1 ba on one side (with XL yard and private driveway) and 2 bd / 1 ba (with garage) on the other. Rent both sides or live in one, rent the other. Metal roof, large private and fenced yards, washer/dryer hookups. Spacious kitchen/dining and large living room. Well cared for with consistent rental history. Potential abounds!

{{ compliance-logo }}Listing Provided By eXp Realty LLC

Financial Data

Date Sold2020-12-23
Sold Price$304,000
Price ChangeDropped $31,000 on 12/24/2020
Total $46,000 drop
Original Price$350,000
Current Price$304,000
Property Taxes$2,421

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Home Facts

StatusSold
Year Built1961
Exterior Features
MLS ID20699015

Unit Details

Unit 1
Unit 2