Salem, OR 97317,6280 COTTONWOOD ST
Salem, OR 97317,6280 COTTONWOOD ST
Salem, OR 97317,6280 COTTONWOOD ST
Salem, OR 97317,6280 COTTONWOOD ST
Salem, OR 97317,6280 COTTONWOOD ST
Salem, OR 97317,6280 COTTONWOOD ST
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Listed by Windermere Pacific West Prop.
$ 920,000
Est. payment | /mo

2.25 Acres Lot


Save
$ 920,000
Est. payment | /mo
Save

2.25 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 24464631

Year Built 1965

Annual Tax Amount $5,898

Tax Year 2023

Lot Size 2.250 Acres

Property Description

Two separate single family homes plus a duplex, all on 2.25 acres. 4 unit investment opportunity, fully rented, with positive cash flow. Each unit has own separate meters. Tenants pay all utilities. Seller pays property taxes & insurance. On well/septic. A great return on your investment. Buyer to do own due diligence. One well is shared between all properties. In the last 10 years; pump, electrical and pressure tank have been replaced. Two septic systems on property installed in last 10 years. Many updates in 3/1 unit, tenants since 7/2024. All roofs 10-12 Years old. Duplex tenants since 2017, house tenants for 11 yrs. All units month-month.

Location

State OR

County Marion

Area _176

Zoning RA

Rooms

Basement Partially Finished

Interior

Heating Baseboard, Radiant, Wall Heater

Exterior

View Territorial

Roof Type Composition

Garage No

Building

Sewer Septic Tank

Water Well

Schools

Elementary Schools Lamb

Middle Schools Stephens

High Schools Mckay

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

GET MORE INFORMATION

Nicole Richards

REALTOR®, Broker, Investor | Lic# OR 930200328 | AZ SA708210000

+1(503) 886-9156

222 Commercial St NE, Salem, OR, 97301

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6280 COTTONWOOD ST