4434 Lancaster ( 4440) Dr is a $725,000, 3,591 square foot, 8 bedroom, 4.0 bath home on a 0.31 acre lot located in Salem, OR.
Amazing investment opportunity in Salem! Fully rented with good tenants on this 4-plex investment! Conveniently located near shops, college, and bus lines! New roof in 2019 and exterior touch ups! New coin operated laundry installed onsite for extra revenue. Great cap rate of %6.384 on this investment and pro forma %7.19 with plenty of value to take it to the next level!
Basement | Continuous |
Appliances | Built-in |
Interior Features | Available |
Exterior Features | Fenced Yard Laundry Center |
Roof | Shake |
Water Source | City |
Sewer | City |
Property Type | Income |
Property Sub Type | 4-Plex |
Year Built | 1964 |
HOA Fee | $0.00 |
Taxes | $4,475.00 |
County | marion |
Elementary School | hayesville |
Middle School | adam stephens |
High School | mckay |
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated 09/15/2024 at 08:16am MDT. © 2024 Willamette Valley Multiple Listing Service. All rights reserved.