$650,000

1915 Commercial St , Salem, OR 97302

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:3,242 sqft
Lot:0.31
Year Built:1976
Listing Status:Active

Listing Agent

Tim Kaelin
http://Coldwellbankerprofessionalgroup.com
Loan Amount:
Interest:
Term (Years):
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Investor special! Are you ready for an incoming producing, high cap rate, low maintenance investment? Look no further. This specially modified, commercially zoned property is the perfect place for any investor who is looking to expand their portfolio. This property is currently tenant occupied as a group home. Utilizing a property tax exemption and tenant-paid utilities, the financials are impeccable, offering over a 6% cap rate and a cash flowing investment. With modifications specified for group home living including an office, seven bedrooms, two full bathrooms, two living rooms, and a formal dining space, this investment property is plug and play. The exterior features six parking spaces and a large backyard, complete with a Trex deck and playing areas for children. Complete with solar panels for reduced tenant utilities, and a convenient Commercial St location, this is the whole package. Contact your local real estate agent for property financial details. Do not disturb tenants!!!

Detailed Items

Other Information

1915 Commercial St, Salem, OR, 97302 is a commercial sale listing of 3,242 sqft on a lot of 0.31. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property1915 Commercial St, Salem, OR
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