For Sale, USD 550,000
5198 Skyline Rd, Salem OR 97306, Salem, Oregon, United States
Property Type : Single Family Home
Property Style : N/A
Build Size : 1,990 ft² / 185 m²
Land Size : N/A
Bedroom : 3
Bathroom : 2
Half Bathroom : 0
MLS#: N/A
Property Description
Unlock the potential of this 0.78 acre property situated in one of South Salems most desirable neighborhoods. Surrounded by top rated schools, major medical offices, and located on bus line, this site offers excellent connectivity with easy access to I5 and downtown Salem. A strategic location for savvy investors and developers. The property is zoned for Multi Family residential, allowing for a variety of development options including duplexes, triplexes, 4 plexes, or a larger multi unit complex with a potential density of up to 31 units per acre. Utilities are accessible with power and city water to the property, sewer and stormwater nearby.The existing home is a comfortable 3 bedroom, 2 bathroom single level residence spanning approximately 1990 sqft. It's connected to city water and a private septic system, with an additional well onsite for irrigation ideal for maintaining the property. Mature fir, sequoia, pine, numerous fruit trees, raised garden beds, and lush landscaping you are buying your own private oasis. Add income producing units, subdivide, or hold for future appreciation, this is a rare find with endless potential in an unbeatable location.Please do not enter the property without an appointment. Home is occupied.
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5198 Skyline Rd, Salem OR 97306, United States,Oregon,Salem is a 1,990ft² Salem luxury Single Family Home listed for sale USD 550,000. This high end Salem Single Family Home is comprised of 3 bedrooms and 2 baths. Find more luxury properties in Salem or search for luxury properties for sale in Salem.