229 Commercial St NE

Salem, OR 97301
  • $299,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 924

    SqFt
  • 0.1

    Acre

About the Listing 980 - 15747

Turnkey Investment Opportunity with Immediate Rental Income in Downtown Salem! Built in 2022, this modern 2-bedroom, 1-bath condominium is an excellent opportunity for investors seeking an established, income-producing property. Currently rented for $2,500 per month, with an existing tenant and lease transferring to the new owner! The open-concept floor plan features contemporary finishes, a convenient Jack-and-Jill bathroom, and west facing deck. The location provides close proximity to Salem Hospital, Willamette University, and the Oregon State Capitol, making it convenient for professionals and students.

Listing Highlights for 229 Commercial St NE

Status Active
Days on Site 274
Property Type Condo/Townhome
MLS ® 836884
Year Built 2022
Total Square Footage 924
Lot/Acreage 0.1
County Marion
Neighborhood Saken
HOA Dues 325.41/Monthly
Elementary School Bush
Middle School Leslie
High School South Salem

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances: Yes, Gas, Microwave Included
  • Air Cond: 1/Main
  • Heating: Electric,Wall Furnace,Ductless/Mini-Split
  • Fireplaces: Electric
  • Floor: Carpet,Vinyl
  • Basement:
  • Other:
  • Water: Connected,City

Exterior Details

  • Garage Capacity: N/A
  • Roof: Other (Refer to Remarks)
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $1,562
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 25

Payment Calculator

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Listing Location

Questions About..

229 Commercial St NE Salem, OR 97301

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Nicole Shuba

| Nicole Shuba | Manor Realty

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