3770 STATE STSalem, OR97310
$620,000
5 total units
$46,040 annual income
Capitilization Rate: 5.94
6768 sq. ft
SqFt15000to19999
Elementary School: Richmond
Middle School: Leslie
High School: South Salem
Zoning: CR
582 days on market
VestorFilter™
Price per unit$124K/unit
Price per ft²$91.61/ft²
Recent price drop$30,000
Time on market582 days
Smart Fixer ListYes
Property Description
This high potential investment property holds two duplexes and one small house on a large .43 acre lot. Commercial Retail zoning offers various opportunities. Currently all units are fully rented. Please note that this property is also available as a ''package'' sale with adjoining property address 3745 La Branch St. SE. 3745 La Branch St. SE is also listed independently so details on that property are available via that listing. Please reach out the Listing Agent with any questions.
{{ compliance-logo }}Listing Provided By Coldwell Banker Professional
Financial Data
Price ChangeDropped $30,000 on 12/12/2022
Total $50,000 drop
Total $50,000 drop
Original Price$670,000
Current Price$620,000
Property Taxes$4,518
Find On Map
Home Facts
StatusPending
Year Built1945
MLS ID22363213
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
