Skip To Content
Listing provided courtesy of The Salem Real Estate Group: 503-949-3623.

701 Cottage (-723) NE

Salem, OR 97301
  • $2,492,648
  • STATUS: Active Under Contract
  • ON SITE: 23 Days
  • MLS #: 804709
Under Contract
UPDATED: 49 min ago
$2,492,648
  • 16
    BEDS
  • 0.26
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 7,472
    SQFT
  • $334
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of The Salem Real Estate Group: 503-949-3623. Listing information © 2023 Willamette Valley Multiple Listing Service



Description

Accepted Offer with Contingencies. 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.

Monthly Payment Calculator



Willamette Valley MLS logo © 2023 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: 2023-06-05T15:09:20.497.
www.willamettevalleyhouses.com/homes/139505308
Print Image

701 Cottage (-723) NE Salem, OR 97301

  • Price: $2,492,648
  • Status: Active Under Contract
  • On Site: 23 Days
  • Updated: 49 min ago
  • MLS #: 804709
16
Beds
12
Baths
0
½ Baths
0.26
Acres
7,472
SQFT
$334
$/SQFT
1936
Built
Neighborhood:
20 CENTRAL SALEM
County:
Marion
Area:
20 CENTRAL SALEM
Elementary School:
Grant
Middle School:
Parrish
High School:
North Salem
Property Description
Accepted Offer with Contingencies. 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.
Exterior Features

Exterior Color White Fenced Yard Partial Foundation Continuous Landscape Yes Lot Type Irregular Outbuildings Other (Refer To Remarks) Roof CompositionMetal Or Aluminum Siding CedarAsbestos

Interior Features

Basement PartialUnfinished Dining Area (Combination) Dishwasher No Disposal No Flooring VinylWood Heating GasElectricBaseboardForced Air Laundry NoneW/D Hookup Range Facility ElectricRange Included Refrigerator Refrigerator Included Unit1 Baths 1 Unit1 Bedrooms 1 Unit2 Baths 1 Unit2 Bedrooms 1 Unit3 Baths 1 Unit3 Bedrooms 1 Unit4 Baths 1 Unit4 Bedrooms 1 Unit5 Baths 1 Unit5 Bedrooms 1 Water Heater ElectricGas

Property Features

Cross Street Union St Ne Dual Living No Electric 623 Flood Plain Unknown Garbage 3137 Gas 159 Handicap Amenities No High Speed Comm Access Available Home Warranty No Homeowners Association No Association Inspection Report Available No Maintenance 8343 Multifamily Type Multi- (5+) New Construction No Possession Coe Property Use Type Investment Rv Camper Pad Area/Room For Seller To Do1031 No Sewer City Tax Amount 10207 Tax Years 22/23 Terms Seller Will Consider Land Sales ContractCashConventional Water CityConnected Water Sewer 4716 Zoning Mu-1

© 2023 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2023 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: 2023-06-05T15:09:20.497.
 
https://bt-photos.global.ssl.fastly.net/salem/orig_boomver_1_804709-2.jpg https://bt-photos.global.ssl.fastly.net/salem/orig_boomver_1_804709-2.jpg https://bt-photos.global.ssl.fastly.net/salem/orig_boomver_1_804709-2.jpg
Logo
Young Property Group | Keller Williams Realty Mid Willamette
2125 Pacific Blvd SW
Albany OR, 97322
Listing provided courtesy of The Salem Real Estate Group: 503-949-3623. Listing information © 2023 Willamette Valley Multiple Listing Service