1380 Saginaw St S, Salem, OR 97302

Listing Courtesy of CAPACITY COMMERICAL GROUP LLC. Cell: 503-559-9397

$990,000
6
BD
6
BA
3,120
SqFt

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List Price
$990,000
Status
ACTIVE UNDER CONTRACT
Price Change
▼ $60,000 1786419189
MLS#
841272
Subtype
Residential Income
New Construction
Yes
Year Built
2026
Bedrooms
6
Bathrooms
6
Living Area
3,120
Lot Size
7,275
Acres
0.17
Subdivision
Southwest Addition
MLS Area Major
50 South Salem

Property Description

Accepted Offer with Contingencies. Completed, Brand - new 4 - plex in a close in South Salem location. Walk or easy access to downtown, Bush Park, Best Little Roadhouse, & Public Transportation. Wonderful amenities including all appliances community garden area. This is an ideal acquisition for an investor looking for a potential strong cash flow & long-term appreciation. Saginaw property unit rented.  All 4 units are rented which gives a buyer a very good income stream. Both 2 bed/2 bath units are rented at $1800/month, and both1 bed/1 bath units are rented at $1400/month.  All on a year lease agreement.

Additional Information

Taxes
$4,517
Flooring
Carpet, Laminate
Appliances
Washer/Dryer, Disposal, Dishwasher, Electric Water Heater, Refrigerator, Electric Range, Range
Heating
Electric
Roof
Composition
Parking Features
On Street
Elementary School
McKinley
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.