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Listed by GA Cooke Real Estate Services
$ 4,200,000
Est. payment | /mo
21,900 SqFt
$ 4,200,000
Est. payment | /mo
21,900 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 21,900 sqft
Price per Sqft $191
MLS Listing ID 23610414
Year Built 1894
Annual Tax Amount $35,927
Tax Year 2024
Property Description
Historic Bishop Building in Downtown Salem. Mixed use Apartments and Retail. Arguably the most high-end apartment's in downtown area. Each 2 Bed apartment is a town home and current rents range from $1,700-$2,250/ month and six units have $125 rent increases in March. Quality retail tenants and long term leases. Vacant basement provides additional upside. Please Do Not Disturb Tenants.
Location
State OR
County Marion
Community Commons
Area _174
Zoning Mix
Rooms
Basement Full Basement
Interior
Heating Forced Air
Exterior
Community Features Commons
Garage No
Building
Lot Description Level
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Middle Schools Parrish
Others
Acceptable Financing CallListingAgent, Cash, Contract, Conventional
Listing Terms CallListingAgent, Cash, Contract, Conventional
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Friederike Svensson
REALTOR® | Lic# 201220054