1725 SALISHAN ST SE Salem, OR97301

$585,000
4 total units
8 total bedrooms
8 total bathrooms
$44,280 annual income
Capitilization Rate: 6.42
4384 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Morningside
Middle School: Leslie
High School: South Salem
Zoning: RMZ
1177 days on market

VestorFilter™

Price per unit$146.3K/unit
Price per ft²$133.44/ft²
Recent price drop$10,000
Price per acre$2.49M/ac
Price per bedroom$73.1K/bed
Time on market1177 days

Property Description

INVESTMENT OPPORTUNITY! You won't find an investment property as good as this one. These units are huge and in immaculate condition. New roof installed September 2020. Each unit features 2 large 2 bedrooms with 1.5 bathrooms. Comes with washer and dryer hookups, attached garage and amazing views off of the two decks connected that each unit has. You won't regret adding this to your investment portfolio.

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Financial Data

Date Sold2021-06-18
Sold Price$585,000
Price ChangeDropped $10,000 on 06/18/2021
Total $4,000 drop
Original Price$589,000
Current Price$585,000
Property Taxes$5,392

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Home Facts

StatusSold
Year Built1976
Exterior Features
MLS ID21573477

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4