Marilyn 4-Plex
1280-1286 Marilyn Street SE, Salem, OR 97302
Price$915,000
Number of Units4
Building Size4,200 sqft
Price/Unit$228,750
Property TypeMultifamily
Sub TypeTownhome
Cap Rate4.18%
Highlights
- Updated Kitchens with Granite Countertops
- Newer Flooring in All Units
- Upgraded Interior Plumbing including Water Supply
- Washer & Dryer Hook Ups in All Units
- A/C and Forced Air Heat
- Recently Rebuilt Carports
- Additional Tenant Storage Lockers Onsite
Description
Four spacious townhome units, each with 1,050 sqft of living space. Two bedrooms and 1.5 bathrooms. Outdoor space downstairs as well as private balcony upstairs off of the kitchen.
Financial Summary
- Pro Forma NOI: $44,362
- Pro Forma Cap Rate: 4.18%
Gallery