$725,000
- Beds
- 8
- sq ft
- 3,591
4434 Lancaster Dr NE, Salem, OR 97305
4434 Lancaster Dr NE
Salem, OR 97305
- 212 days on market
- Price drop $24,900↓
Amazing investment opportunity in Salem!Fully rented with good tenants on this 4-plex investment!Conveniently located near shops, college, and bus lines!New roof in 2019 and exterior touch ups! New coin operated laundry installed onsite for extra revenue. Below market rents! Great %5.67 cap rate on this investment and pro forma %7.19 w/ plenty of value to take it to the next level!
Details
Property type
Lot size
0.31 acres
Price per sq ft
$202
Year built
1964
Annual property taxes
$4,475.44
Price History
09/09/2024
PortlandOR #24172729
Listed
$725,000
09/08/2024
PortlandOR #24172729
Removed
$725,000
07/26/2024
PortlandOR #24172729
Price change
$725,000
-3.32%
Schools & Community
Elementary school:
Hayesville
Middle school:
Stephens
High school:
McKay
Status: Active
Tomo last checked: 11/22/2024 at 12:25 AM
Listing updated: 09/09/2024 at 7:32 AM
Listed by: Shareef Hagag, HomeSmart Realty Group Phone #: (971) 599-5865
MLS: PortlandOR #24172729
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