8 unit apartment building situated in downtown Salem City. Situated on W Broadway, next to the historic Salem Oak Diner. Building is comprised of (5) large one bedroom one bath apartments. The remaining 3 units are studios. Seven of the eight units are occupied. Annual Gross Income: $74, 640 Owner pays: taxes, insurance, lawn care, trash removal, heat, hot water, & water sewer along with studio electric. Tenant's of the one bedrooms pay their own electric.
Property Features
Cooling Information
Window Unit(s)
Electric
Heating Information
Natural Gas
Radiant
Water Features
Public
Parking
On Street
Listing Courtesy: Hedenberg Real Estate Company LLC - 856-556-0011
Last Updated: 2026-05-08 23:50:04
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Bright MLS.