Sold
701 Cottage ST NE
Salem OR, 97301
$1,800,000
$240.90 per sqft
Sold
10 Beds
9 Baths
7,472 sqft
Multi-family
Built in 1936
Courtesy of The Salem Real Estate Group
Incredible investment opportunity. 12 cottages centrally located, very well maintained, and fully rented. 8 units at 630 sq ft have 1 bed, 1 bath. 4 units at 608 sq ft have 2 beds, 1 bath, and a partially unfinished basement with w/d hook up. New windows and new furnaces. wood and floors. Unit 707 has renovated bath in 2023. 10 parking spaces, including 1 handicap space on the West side of the property can be rented to state offices. Two detached garages currently rented at $60/month.
23377003
MLSⓇ ID
May 18, 2023
Listed
November 22, 2024
Updated
Map
701 Cottage ST NE
Salem OR, 97301
Interior Features
Total Stories
1
Bedrooms
10
Total Bathrooms
9
Full Bathrooms
9
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Features
Level
Sewer
Public Sewer
School Information
High School
North Salem
Elementary School
Grant
Other Property Details
Area Name
_174
Taxes
$5,559
Tax Frequency
Annually
Days on Market
13
Garage
No
Parking
Paved
View
No
County
Marion
Water Source
Public Water
Pool
No
Zoning
MU1/RM2
Listing History
Date | Event | Price |
|---|---|---|
7/4/2023 | Price change | $1,800,000 -28% |
7/4/2023 | Sold | $1,800,000 |
6/1/2023 | Pending | — |
Listing Courtesy of The Salem Real Estate Group, Dewey Whitton. 503-949-3623
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This content last updated on 11/22/2024, 12:10 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available
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