4045 EARLE AVE Salem, OR97301

$750,000
6 total units
3 total bedrooms
3 total bathrooms
$60,382 annual income
Capitilization Rate: 5.45
3806 total sq. ft
7,000 to 9,999 SqFt
Middle School: Waldo
Zoning: MFR
1004 days on market

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Price per unit$125K/unit
Price per ft²$197.06/ft²
Price per acre$4.56M/ac
Price per bedroom$250K/bed
Time on market1004 days

Property Description

Great rental history for this 6 plex, 1 bed, 1 bath units conveniently located across Lancaster from Willamette Town Center. Units have a refrigerator, stove, dishwasher. There is an onsite laundry yielding approx. $1260 annual income. Off street parking. Property has been maintained. Units are all the same size at 630 sq ft, Rents $850. One 12 month lease just began, 5 M2M.

{{ compliance-logo }}Listing Provided By Windermere Pacific West Prop.

Financial Data

Date Sold2021-10-15
Sold Price$750,000
Original Price$750,000
Current Price$750,000
Property Taxes$5,846

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Home Facts

StatusSold
Year Built1978
Stories2
Exterior Features
MLS ID21601086

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6