$920,000
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6280 COTTONWOOD St Unit 6280 Salem, OR 97317
Multi-Family
Residence
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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.
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MLS#
24464631
Property Type
Multi-Family
Status
Year Built
1965
Lot Size
2.25
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