Description
Excellent Investment Opportunity--This huge, stately-looking, six-unit building located on the fringe of the McIntire District offers many options to an investor looking to build equity in a property close to Salem's vibrant downtown. Whether one prefers to hold the property and collect rents or consider the potential for future condominium conversion, the opportunities are limitless. These are 2 adjoined buildings with separate entrances and basements, spacious units and separate systems. Property is in need of substantial renovation. Limited information available as this is part of an estate, therefore, some details are approximate. Fully tenanted building with below market rents.Property being sold in "as is" condition with tenants to remain with sale. Buyer to perform own due diligence. First showing will include access to one-unit and basement only. Proof of funds/pre-approval required prior to showing. Offers due Friday, April 29, 5:00 p.m. Please allow 3 days response time.
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12BEDS
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0.1ACRES
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6BATHS
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01/2 BATHS
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6,309SQFT
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$222$/SQFT
School Ratings & Info
Description
Excellent Investment Opportunity--This huge, stately-looking, six-unit building located on the fringe of the McIntire District offers many options to an investor looking to build equity in a property close to Salem's vibrant downtown. Whether one prefers to hold the property and collect rents or consider the potential for future condominium conversion, the opportunities are limitless. These are 2 adjoined buildings with separate entrances and basements, spacious units and separate systems. Property is in need of substantial renovation. Limited information available as this is part of an estate, therefore, some details are approximate. Fully tenanted building with below market rents.Property being sold in "as is" condition with tenants to remain with sale. Buyer to perform own due diligence. First showing will include access to one-unit and basement only. Proof of funds/pre-approval required prior to showing. Offers due Friday, April 29, 5:00 p.m. Please allow 3 days response time.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-22T00:10:47.65.