$695,000

Welcome to 365 16th Street SE, a beautiful 6-unit apartment building in Salem, Oregon. This prime property offers modern amenities, convenience, and a desirable location. Recently improved with new sewer lines, roof replacement, exterior re-siding, deck rebuilding, and fresh paint, this property requires low maintenance. Units feature laminate flooring, central heating, and a variety of floor plans. There are 5 one-bed/one-bath units and 1 two-bed/one-bath unit. The property also offers basement storage units and ample parking, including a spacious unpaved parking area at the rear. Notably, the property boasts a larger than average lot size, providing potential development opportunities, buyer to verify. Situated near Aldrich Park and within a half-mile of Willamette University and the Capitol Building, this location provides easy access to a walkable neighborhood. Don't miss this exceptional investment opportunity at 365 16th Street SE.