This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
656-658 Center St NE
Salem, OR 97301
Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- 9.51% Cap Rate
- All Tenants are Month to Month
- Fully Leased
- Located in Salem's Central Business District
- Recently Renovated
- Located in Downtown Opportunity Zone
PROPERTY FACTS
| No. Units | 13 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 7,445 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1915 |
| Building Class | C | Cross Streets | cottage street NE |
| Zoning | CR/Overlay | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,445 SF |
| No. Stories | 2 |
| Year Built | 1915 |
| Cross Streets | cottage street NE |
| Zoning | CR/Overlay |
ABOUT 656-658 CENTER ST NE , SALEM, OR 97301
This property is located in the heart of downtown Salem; close to many amenities including Willamette University and Salem Hospital. The building features 13 units; all are smoke free, air conditioned, clean, and come fully furnished. All tenants are month to month. There is on site laundry (coin operated). The building was recently renovated in 2017: new paint, new LED lights, new carpet, new doors, new furnace, new locking mail box, new energy efficient windows, new window blinds and 8 new security cameras. There is 2,481 SF of unfinished dry basement storage.
PROPERTY TAXES
| Parcel Number | 589465 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $267,410 |
PROPERTY TAXES
