4330 Ward (-4346) Pl NE, Salem, OR
Multi-family for Sale - $1,400,000 - 9,048 Sq. Ft. on 0.41 acres
Property Info
| CIMLS# | 1085082 |
| Location 4330 Ward (-4346) Pl NE Salem OR 97305 | |
| Updated | January 29th, 2021 |
| Type | Multi-family |
| Price | $1,400,000 |
| Building | 9,048 Sq. Ft. |
| Land | 0.41 acres |
Property Description
Accepted Offer with Contingencies. Fully rented 8 Plex with 7 3/1.5 units & 1 2/1.5 unit on .42 acres. 7 units rented at $1,095 & 1 unit rented at $1400. Gross scheduled income = $108,780 | Net Operating Income = $85,972 | 6.1% Cap Rate. Property next door is for sale for $200k at 3892 Ward Pl. which is zoned for 6plex. Actual & Projected financials available. Roof replaced in 2016. Please do not disturb tenants