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    4330 Ward Pl

    Salem, OR 97305
    • $1,400,000
    • STATUS: Pending
    • ON SITE: 53 days
    • MLS #: 20449370
    Pending
    UPDATED: 74 min ago
    $1,400,000
    • 5
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 9,048
      SQFT
    • $155
      $/SQFT
    Type:
    Multi-Family
    Built:
    1997
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Fully rented 8 Plex with 7 3/1.5 units & 1 2/1.5 unit on .42 acres. 7 units rented at $1,095 & 1 unit rented at $1400. Gross scheduled income = $108,780 | Net Operating Income = $85,972 | 6.1% Cap Rate. Property next door is for sale for $200k at 3892 Ward Pl. which is zoned for 6plex. Actual & Projected financials available. Please do not disturb tenants

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    Listing content is copyright © 2021 RMLS™, Portland, Oregon. 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 Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-01-17T11:39:28.893.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Beach Loop Realty and should be independently verified.
    www.beachlooprealty.com/homes/112199083
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    4330 Ward Pl Salem, OR 97305

    • Price: $1,400,000
    • Status: Pending
    • Updated: 74 min ago
    • MLS #: 20449370
    5
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,048
    SQFT
    $155
    $/SQFT
    1997
    Built
    Neighborhood:
    176-Marion Co: East Salem N
    County:
    Marion
    Area:
    176-Marion Co: East Salem N
    Elementary School:
    Yoshikai
    Middle School:
    Stephens
    High School:
    Mckay
    Property Description
    Fully rented 8 Plex with 7 3/1.5 units & 1 2/1.5 unit on .42 acres. 7 units rented at $1,095 & 1 unit rented at $1400. Gross scheduled income = $108,780 | Net Operating Income = $85,972 | 6.1% Cap Rate. Property next door is for sale for $200k at 3892 Ward Pl. which is zoned for 6plex. Actual & Projected financials available. Please do not disturb tenants
    Exterior Features

    Exterior Description T-111 Siding Lot Description On BuslineLevel Lot Size 10000 To 14999 Sqft Parking Features AssignedGuest Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Crawl Space Foundation Details Concrete Perimeter Heating Description Zoned Hot Water Description Electricity Unit Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type1 Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type1 Sq Ft 1082 Unit Type2 Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type2 Sq Ft 1500

    Property Features

    Bank Owned YN No Capitalization Rate 6.14 Country Us Fuel Description Electricity Gross Income Actual 108780 Gross Rent Multiplier 12.87 Net Income Actual 85972 Occupancy Types Month To Month Operating Expenses Actual 22808 Property Condition Existing Rent Includes Trash CollectionSewerWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 5974.54 Third Party Approval YN No Unit Type1 Rent 1095 Unit Type1 Units Total 7 Unit Type2 Rent 1400 Unit Type2 Units Total 1 Zoning Rm

    Listing provided courtesy of Coldwell Banker Mountain West.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. 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 Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-01-17T11:39:28.893.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Beach Loop Realty and should be independently verified.
     
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    Bandon OR, 97411