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3928-3934 Auburn Rd NE 4 Unit Apartment Building $836,156 CAD ($209,039 CAD/Unit) 5.84% Cap Rate Salem, OR 97301



INVESTMENT HIGHLIGHTS
- 4 Plex opportunity for investors
- Close to shopping, bus line, and everyday conveniences
- Strong rental history, and an unbeatable price
- Single level four plex on a large 9,583 sq ft lot
- Includes assigned parking for two cars plus access to a shared laundry room
EXECUTIVE SUMMARY
INVESTOR ALERT, an Incredible 4 Plex Opportunity! Rare chance to own a single level four plex on a large 9,583 sq ft lot tucked down a private lane. Close to shopping, bus line, and everyday conveniences. Each spacious 2 bedroom, 1 bath unit is approximately 980 sq ft and includes assigned parking for two cars plus access to a shared laundry room. Three units are currently rented at $1,195 per month, providing immediate income with room to grow. Solid bones, strong rental history, and an unbeatable price make this an ideal project for investors seeking cash flow and value add potential.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Dishwasher
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Carpet
- Patio
SITE AMENITIES
- Laundry Facilities
- Private Bathroom
1 1
Bike Score®
Very Bikeable (73)
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3928-3934 Auburn Rd NE
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