1805 CROSS SE ST, Salem, OR 97302

$475,000
List Price
$475,000
MLS#
19465674
Property Type
Multifamily
Region
Marion Co: Southeast Salem
Status
ACTIVE

Property Description

Remarkable tri-plex, well maintained, two single story unit and one upstairs units, all with garages, fenced, patio, nicely landscaped. New Roof & Exterior Painted (2018), upper decks are trex material, Newer in all units: cabinets, berber carpets, plumbing fixtures, vinyl windows, new 6 panel white doors and woodwork & electrical panels upgraded including two units having extra 20 amp circuits.

Additional Information

Tax Amount
$4,606
Stories
1
High School
South Salem
Elementary School
Bush
Stories
1
Year Built
1977
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Wood Siding
Lot Size Range
7, 000 to 9, 999 SqFt
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
2904
Capitalization Rate
3.84
Operating Expenses Actual
12234
Gross Income Actual
27995
Gross Rent Multiplier
16.97
Net Income Actual
18234
Utilities Included
None
Number Of Units Total
3
Unit Type One Baths Total
3
Unit Type One Beds Total
6
Unit Type One Rent
1175
Unit Type One Sq Ft
2904
Unit Type One Units Total
3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Windermere Pacific West Prop..