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1734 Center St, Salem, OR 97301

$799,900

9 Photos

Property Description

8 Unit Mixed use investment opportunity sitting on a high-traffic corner near downtown Salem! Features (2) retail spaces with solid rental history and (6) well-kept, secluded 1 bed/1 bath apartments. Primary retail tenant in place for 23 years! Located on the bus line, walkable to downtown amenities. Tenants enjoy a private courtyard, with alley access, (1) parking space per unit, and shared laundry. Significant rental upside offers investors the opportunity to boost income and improve cash flow in 2027! Please do not disturb the residents

1734 Center St | MLS# 735740524

This multi-family property located at 1734 Center St, Salem, OR 97301 is currently listed for sale with an asking price of $799,900. Search Salem real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Electricity
Heating: Zoned
Roof Type: Other
Stories: 1.0
Taxes: $4,368
Year Built: 1946
Square Feet: 5,099

Units

Unit Type 1:
Bathroom(s): 1
Rent: $1300.00
Square Footage: 629
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Rent: $575.00
Square Footage: 391
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $822.00
Square Footage: 565
Total Units: 2
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $851.00
Square Footage: 736
Total Units: 3
Unit Type 5:
Bathroom(s): 1
Bedrooms: 1
Square Footage: 736
Total Units: 1

Feature Descriptions

Days on Site: 3
Exterior: Other
Hot Water: Electricity
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Units: 8
Water: Public Water

Local Schools

High School: North Salem
Middle School: Parrish
Elementary School: Englewood

Listed By / Shown By

Listed By

Agency Name: SMI Commercial Real Estate LLC
Agency Phone: 503-390-6060

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimate Your Payment

Estimated Payment

$ 4,642.03 per month $4,044.73 Principal & Interest $364.00 Property Tax $233.30 Homeowner's Insurance

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