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2522-2556 Simpson St SE
Salem, OR 97301
Simpson 8 unit · Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 4,202 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1.9/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | RM2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 4,202 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1971 |
| Parking Ratio | 1.9/1,000 SF |
| Zoning | RM2 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
About 2522-2556 SIMPSON ST SE , SALEM, OR 97301
The property consists of two separate 2,080 Sf buildings for a total of 4,160 SF. Wood construction with shingle roofs. Units were gently updated in 2016 and remain in good condition. Water and heat are provided through a boiler system in each building. Boilers were serviced with a maintenance kit in 2016 by C.J. Hansen Plumbing and are fully functional. All units have one dedicated parking spot with quiet, side street parking available. An onsite laundry facility is provided. Gross Income through November 2017 is $62,244. Turnkey Investment with professional management in place for a simple transaction.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $735.00 | - |
Property Taxes
| Parcel Number | 590333 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $394,670 |
Property Taxes
Parcel Number
590333
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$394,670
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