Drew Coleman, Principal Broker Licensed in Oregon
(503) 908-4908

1519-1529 Salishan St SE

Salem, OR







Square Feet

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Great Cash Flowing Rental Opportunity in Salem

This 6-plex has five 3 Bed / 1.5 Bath units and one 2 Bed / 1.5 Bath unit. Current gross rent is $8,650 and gross market rent is $9,300. Three of these units have garages and the remaining units have covered parking spaces. Don’t pass up this opportunity to step into equity at a 6.35% CAP Rate!!! Once market rents are achieved this investment will be a 7% CAP Rate.

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2017 RMLS™, Portland, Oregon. IDX content is updated approximately every two hours. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing data last updated at April 14, 2021 at 8:19 pm

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