Address
4330 WARD PL Salem, OR
Price
$ 1,400,000
Property Attributes
- MLS#20449370
- TypePending
- CountyMARION
- CitySalem
- AreaMarion Co - East Salem N
- Zip97305
- Style
- Year Built1997
- Taxes5974
- Price$ 1,400,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage9048
Listing Provided Courtesy Of:
Coldwell Banker Mountain West
Property Description
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. Please do not disturb tenants
| Elementary School | Middle School | High School |
|---|---|---|
| Yoshikai Elementary School | Stephens Middle School | McKay High School |
| Price History | |
|---|---|
| 11/24/2020 | Listed $1,400,000 |
General Features
| Heating | Zoned |
|---|---|
| MLS Area | Marion Co: East Salem N |
| Property Type | Multi Family |
| Roof | Composition |
| Sewer | Public Sewer |
| Terms | Cash, Conventional |
| Total Units | 8 |
| Video Tour Y/N | No |
| Zoning | RM |
Interior Features
| Fueldescription | Electricity |
|---|---|
| Hot Water | Electricity |
| Sqftapproximatebuildingtotal | 9048 |
| Unit 1 Baths Total | 2 |
| Unit 2 Baths Total | 2 |
| Unit 2 Beds Total | 2 |
| Unit Features | Dishwasher, Range, Refrigerator, Washer/Dryer Hookup |
| Unittype1sqft | 1082 |
| Unittype1unitstotal | 7 |
| Unittype2sqft | 1500 |
| Unittype2unitstotal | 1 |
Exterior Features
| Exterior Description | T-111 Siding |
|---|---|
| Foundation Details | Concrete Perimeter |
| Lot Features | On Busline, Level |
| Lot Size | 10, 000 to 14, 999 SqFt |
| View Y/N | No |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 97305
Price
Taxes
Visits
Year Built
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