1742 Center St NE

Salem, OR 97301
  • $850,000

    Price
  • 6

    Bed
  • 7

    Bath
  • 5,099

    SqFt

About the Listing 539 - 12897

Don't miss out! 8 Unit mixed use investment opportunity, sitting on a highly trafficked corner near downtown Salem! Property contains (2) retail spaces with solid rental history and (6) well kept & secluded 1 bed/1 bath apartments. Primary retail tenant has been in place for 23 years. Property sits on the busline and is walkable to various downtown amenities. Tenants enjoy a private courtyard, alley access w/ (1) parking space per unit & a shared laundry room. Plenty of rent upside to improve cash flow! *Unit #1736 rent increases to $875 on 9.1.26. *Unit #1746 rent increases to $875 on 10.1.26. See associated docs.

Listing Highlights

Status Active
Days on Site 31
Property Type Business Opportunity
MLS ® 844900
Year Built 1946
Total Square Footage 5,099
Lot/Acreage 0.24
County Marion
Building Name 1734-1748 Center St
Neighborhood Oak Lawn Park
Elementary School Englewood
Middle School Parrish
High School North Salem

Interior Details

  • Bedrooms: 6
  • Bathrooms: 7 Full
  • Appliances: No, Electric, Range Included, Refrigerator Included
  • Air Cond:
  • Heating: Electric,Zonal
  • Fireplaces:
  • Floor: Laminate,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City

Exterior Details

  • Lot Description: Irregular,No
  • Garage Capacity: N/A
  • Roof:
  • Others: Patio
  • Sewer: City

Financial Details

  • Tax Amount: $4,369
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

1742 Center St NE Salem, OR 97301

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