2451-2473 Trade St SE - Apartments FOR SALE


Salem, OR 97301- Northeast Neighbors
$1,700,000 USD
503-559-8513
2451-2473 Trade St SE, Salem, OR for Sale
$1,700,000 USD
Apartments - FOR SALE
1/12
null | 6.25% Cap Rate

2451-2473 Trade St SE
Salem, OR 97301
Northeast Neighbors


HIGHLIGHTS

  • PRICE REDUCED--SELLER SAYS BRING ALL OFFERS
  • Central Location--100% Occupied
  • Perfect for 1031 Exchange--100% Bonus Depreciation
  • Duplex & 9 Cottages full rehab 2022

OVERVIEW

PRICE REDUCED. SELLER SAYS BRING ALL OFFERS. Perfect property for 1031 Exchange. Fully renovated in 2022. New roofs, windows, siding, electrical, plumbing, appliances, disposals, water heaters, counter tops and flooring. Duplex plus 9 cottages. Onsite parking and laundry. Central location. Cottages provide tenants with independent living opportunity. Fully occupied. Be sure to capture 100% Bonus Depreciation.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$382 USD /SF

# OF UNITS

11

PRICE/UNIT

$154,545

CAP RATE

6.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

RM2

APN/PARCEL ID

590254

ASK ABOUT THIS PROPERTY

Anita RisbergOmnivest LLC, Commercial Real EstateMore Info
503-559-8513

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Anita RisbergOmnivest LLC, Commercial Real EstateMore Info
503-559-8513

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.