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Listed by SMI Commercial Real Estate LLC
$ 695,000
Est. payment /mo
Price Dropped by $40K
3639 47TH AVE Salem, OR 97305
3,664 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,664 sqft
Price per Sqft $189
MLS Listing ID 662387526
Year Built 1978
Annual Tax Amount $5,538
Tax Year 2024
Lot Size 10,018 Sqft
Property Description
‘Solid Owner Occupant or Investment opportunity in NE Salem! This well maintained 4-Plex offers a great price point, rental upside & (1) Vacant downstairs unit ready for an owner occupant or Market rate tenant. All units are 2 bed/1 bath/916 SF with large bedrooms, large laundry area & 1 car garage. 10% rent increases have been issued and take effect on May 1, 2025. Owner pays Water/Sewer/Garbage. Long term owner & stable rental history. Roof replaced in 2013. Sale Fail due to Buyer financing.'
Location
State OR
County Marion
Area _176
Zoning RM
Interior
Heating Baseboard, Zoned
Cooling None
Exterior
Garage Spaces 4.0
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Lamb
Middle Schools Stephens
High Schools Mckay
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
