4434 LANCASTER DR NE
SALEM, OR 97305

$749,900

8 Beds

4 Baths

3,591 Sq Ft

Status Active

MLS# 814071

Amazing investment opportunity in Salem! Fully rented with good tenants on this 4-plex investment! Conveniently located near shops, college, and bus lines! New roof in 2019 and exterior touch ups! New coin operated laundry installed onsite for extra revenue. Great cap rate of %6.384 on this investment and pro forma %7.19 with plenty of value to take it to the next level!

Details for 4434 LANCASTER DR NE

Built in 1964

$209 / Sq Ft

0 parking spaces

105 Days on website

0.31 acres lot

Interior

Bathrooms Total

Bedrooms Total

Laundry Features

Laundry Center

Living Area

3,591 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1964

Exterior And Lot

Lot Size Acres

0.31

Lot Size Square Feet

13504

Area And Schools

City

Salem

County Or Parish

Marion

Elementary School

Hayesville

High School

McKay

Middle Or Junior School

Adam Stephens

Financial Info

Tax Annual Amount

$4,475

Tax Year

2023

Additional Info

Price Per Sq Ft

208.83