1742 CENTER ST, Salem, OR 97301
Courtesy of SMI Commercial Real Estate LLC
- $850,000
- 5,099
- SqFt
- List Price
- $850,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 385679407
- Year Built
- 1946
- Living Area
- 5,099
- Lot Size
- 10,454
- Acres
- 0.24
- MLS Area Major
- Marion Co: Central Salem
Property Description
Don't miss out on this 8 Unit investment opportunity, sitting on a highly trafficked corner in downtown Salem! Property contains (2) retail spaces with solid rental history and (6) well kept & secluded 1 bed/1 bath apartments. Primary retail tenant has been in place for 23 years. Property sits on the busline and is walkable to various downtown amenities. Tenants enjoy a private courtyard, alley access w/ (1) parking space per unit & a shared laundry room. Plenty of rent upside to improve cash flow!PROPERTY SHOWING set for 9/2/26 11am-1pm <------> Seller requests all interested parties view all Interiors prior to accepting an offer.*Unit #1736 rent increases to $875 on 9.1.26. *Unit #1746 rent increases to $875 on 10.1.26.Please do not disturb the residents
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Additional Information
- Zoning
- MU-1
- Stories
- 1
- Parking
- Off Street
- Parking Features
- Off Street
- Elementary School
- Englewood
- Middle School
- Parrish
- High School
- North Salem
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