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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/24/2026 |
|---|---|---|---|
| YEAR BUILT | 1960 | COMMUNITY | Salem City (21713) |
| COUNTY | SALEM | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | SALEM CITY SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Salem City (21713) |
| CONSTRUCTION | Frame |
| HEAT | Natural Gas, Radiant |
| LOT | 9148 sq ft |
| LOT DIMENSIONS | 56.00 x 165.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 17920 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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