1734-1748 Center St Ne, Salem, OR 97301

Listing Courtesy of SMI REAL ESTATE. 541-646-0650

$799,900
6
BD
7
BA
5,099
SqFt
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List Price
$799,900
MLS#
846552
Status
ACTIVE
Type
Multifamily
Subtype
Multi Family
City
Salem
Area
20 Central Salem
County
Marion
Bedrooms
6
Bathrooms
7
Year Built
1946
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(503) 838-1912

Property Description

8 Unit Mixed use investment opportunity sitting on a high-traffic corner near downtown Salem! Features (2) retail spaces with solid rental history and (6) well-kept, secluded 1 bed/1 bath apartments. Primary retail tenant in place for 23 years! Located on the bus line, walkable to downtown amenities. Tenants enjoy a private courtyard, with alley access, (1) parking space per unit, and shared laundry. Significant rental upside offers investors the opportunity to boost income and improve cash flow in 2027!

(503) 838-1912
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Additional Information

Water
Public
Heating
Electric, Zoned
Flooring
Laminate, Vinyl
Sewer
Public Sewer
Roof
Other
Elementary School
Englewood
Middle School
Parrish
High School
North Salem
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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.