229 Commercial St Ne, Salem, OR 97301

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 971-600-4893

$299,000
2
BD
1
BA
924
SqFt

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List Price
$299,000
Status
ACTIVE
Price Change
▼ $75,000 1789180444
MLS#
836884
Subtype
Residential
Year Built
2022
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
924
Acres
0.10
Subdivision
Saken
MLS Area Major
20 Central Salem

Property Description

Turnkey Investment Opportunity with Immediate Rental Income in Downtown Salem! Built in 2022, this modern 2-bedroom, 1-bath condominium is an excellent opportunity for investors seeking an established, income-producing property. Currently rented for $2,500 per month, with an existing tenant and lease transferring to the new owner! The open-concept floor plan features contemporary finishes, a convenient Jack-and-Jill bathroom, and west facing deck. The location provides close proximity to Salem Hospital, Willamette University, and the Oregon State Capitol, making it convenient for professionals and students.

Additional Information

Interior Features
High Speed Internet
Taxes
$1,562
Flooring
Carpet, Vinyl
Appliances
Disposal, Dishwasher, LP Gas Water Heater, Gas Range, Microwave
Heating
Electric, Wall Furnace
Roof
Other
Foundation
Slab
Parking Features
None
Elementary School
Bush
Middle School
Leslie
High School
South Salem
View
Territorial

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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.