1844 LANSING NE AVESalem, OR97301

$1,000,000
336 total units
$70,860 annual income
Capitilization Rate: 5.53
4500 sq. ft
SqFt15000to19999
Middle School: Parrish
High School: North Salem
Zoning: RM2
663 days on market

VestorFilter™

Price per unit$3K/unit
Price per ft²$222.22/ft²
Recent price drop$50,000
Time on market663 days
1844 LANSING NE AVE (1 of 17)

Property Description

Excellent rental history on these two single level triplexes. Six 2 Bedroom, 1 bath units w/washer/dryers in each unit. Exterior storage closets for each unit. Centrally located for commutes, shopping and schools. Significant rent increases turnover.

{{ compliance-logo }}Listing Provided By Realty One Group Willamette Valley

Financial Data

Date Sold2022-11-30
Sold Price$971,000
Price ChangeDropped $50,000 on 12/06/2022
Total $50,000 drop
Original Price$1,050,000
Current Price$1,000,000
Property Taxes$7,092

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Home Facts

StatusSold
Year Built1965
Stories1
Exterior Features
MLS ID22077909

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
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