4434-4440 Lancaster Dr NE

Salem, OR 97305
  • $799,900

    Price
  • 8

    Bed
  • 4

    Bath
  • 3,591

    SqFt

About the Listing 980 - 13229

Accepted Offer with Contingencies. House hack 101 alert! 1 Unit left unrented for owner occupant financing potential! Live in one of the units allows for 5% down payment opportunity! Great way to build your asset equity over time! Or buy as an investment with an estimated CAP of 8.36% using potential $6400 a month in total rents ($1600 per unit). “Big ticket” updates done makes for huge value on this one! ALL units painted inside and out, ALL new flooring, baths redone, lighting, and exterior paint for a clean look! Major plumbing and sewer line replacements includes, ALL new drain line system as well! Done by LOCAL licensed plumbing company! New electrical panels for ALL units done by licensed local electrician! Major crawl space work includes sealing and vapor barrier! New roof in 2019! Conveniently located near shops, college, and bus lines! Whether you’re looking for an investment property or your first house-hack, this 4-plex “pencils” even with these rates!

Listing Highlights for 4434-4440 Lancaster Dr NE

Status Pending
Days on Site 20
Property Type Multi-Family
MLS ® 834211
Year Built 1964
Total Square Footage 3,591
Lot/Acreage 0.31
County Marion
Elementary School Hayesville
Middle School Adam Stephens
High School McKay

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances: Built-in
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces:
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City

Exterior Details

  • Garage Capacity: N/A
  • Roof: Shake
  • Others: Hose bib between units
  • Sewer: City

Financial Details

  • Tax Amount: $4,731
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

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4434-4440 Lancaster Dr NE Salem, OR 97305

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