Listed by First Commercial Real Estate Services
$350,000
224-226 Stark St N
Details
APN 576605; 073W10DD01400
Property Type Multifamily
Sub Type Apartment Building
Square Footage 960
Units 2
Occupancy 100%
Tenancy Multi
Class C
Year Built 1949
Buildings 2
Acreage 0.280
Zoning RS
224-226 Stark St N, Salem, OR 97303
Marketing description
This 0.28-acre property offers a strong investment opportunity with two detached, single-level homes with separate addresses on an oversized lot, with potential to partition. An excellent infill development play for a first-time investor or anyone looking to add to their portfolio.
Both units are currently occupied on month-to-month leases. Unit 224 is 480 SF with 2 bedrooms and 1 bath. Unit 226 is a 1-bedroom, 1-bath with a small detached garage.
Investment highlights
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Listed by First Commercial Real Estate Services
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