3892 Ward (-4346) Pl NE, Salem, OR
Multi-family for Sale - $1,600,000 - 9,048 Sq. Ft. on 0.42 acres
Property Info
| CIMLS# | 1085079 |
| Location 3892 Ward (-4346) Pl NE Salem OR 97305 | |
| Updated | January 29th, 2021 |
| Type | Multi-family |
| Price | $1,600,000 |
| Building | 9,048 Sq. Ft. |
| Land | 0.42 acres |
Property Description
Accepted Offer with Contingencies. Listing includes 2 properties. 1.) Fully rented 8Plex with 7 3/1.5 units & 1 2/1.5 unit on .42 acres. 2.) 2/1, 788 sqft house on .23 acres which is zoned for up to 6 units. 8plex and House currently have a cap rate of 6%. Great potential to demo house and build a 6plex for a total of 14 units. 8 Plex is also listed separately for $1,400,000, see MLS# 771374. 8 Plex roof replaced in 2016. Please do not disturb tenants.