Church Street Cottages
Church Street Cottages
https://www.josephbernard.net/Church-Street-Cottages- Address:
- 1941-1951 Church Street NE, Salem, Oregon 97301
- Price:
- $720,000
- Units:
- 6
- Price per unit:
- $120,000
- Cap Rate:
- 6.25%
- Year Built:
- 1939
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Church Street Cottages
Summary
HIGH QUALITY APARTMENT BUILDING IN SALEM? Very possible! Amazing remodel of Hollywood inspired bungalows in the heart of Salem. This property features six, one bedroom cottages that are completely remodeled to condo level finishes. A few of the exterior upgrades include new roofing, windows, and landscaping. The interiors of the units feature all new flooring, cabinets, countertops, and stainless appliances (including microwaves). This property includes laundry onsite, plus a huge storage building that tenants rent out for personal storage. Vintage styling throughout the interiors, with arched coved ceilings, built-in closets and charm galore! Perfect for an owner/investor to actually live onsite and have a turnkey investment. Centrally located near downtown Salem, 1.5 miles from the state capital.
Church Street Cottages
Church Street Cottages
Document Title | Document Type |
---|---|
Property Flyer | Adobe PDF |
Church Street Cottages
Bernard Gehret
bgehret@josephbernard.net5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax