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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.  


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Church Street Cottages

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Church Street Cottages

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Church Street Cottages

Document Title Document Type
Property Flyer Adobe PDF
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Church Street Cottages

Bernard Gehret
bgehret@josephbernard.net
Joseph Bernard, LLC
5200 SW Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
503.546.9395 Fax