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227 Commercial St NE, Salem
$299,000
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- Price per sqft
- $323.59
- Built in
- 2022
- Property size
- 924 sqft
- Property type
- Residential
- Days on market
- 29
Overview
Newly built in 2022, Downtown Salem Loft Condominium, listed for the first time. This 2-bedroom, 1 bath (Jack & Jill style), has been a successful fully furnished rental, offering flexibility for owner-occupants or investors. The open-concept layout features modern finishes, and direct access to two private decks for outdoor enjoyment. Available fully furnished.HOA includes: Water, sewer, garb. exterior maintenance and security. $100 off monthly HOA for the first year!
Details
Interior
- Interior features
- Vinyl Floor, Wall to Wall Carpet
- Appliances
- Dishwasher, Disposal, Free Standing Range, Gas Appliances, Microwave
- Fireplace description
- Electric
- Cooling
- Yes
- Cooling description
- Mini Split
- Heating
- Yes
- Heating description
- Ductless, Mini Split
Exterior and lot
- Exterior features
- Covered Deck
- Architectural style
- One Story, Common Wall
- Roof
- Flat, Membrane
- View
- Yes
- View description
- Territorial
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 0
- Parking
- On Street, Other
- Total parking
- 0
Schools
- High school
- South Salem
- Middle school
- Leslie
- Elementary school
- Bush
Location
- City
- Salem
- County
- Marion
Taxes and dues
- Annual taxes
- $1,562 (2025)
- HOA dues
- $325 / month
Location
227 Commercial St NE, Salem, OR 97301
Monthly payment estimate
$2,047 /mo
- Principal and interest
- $1,591
- Property tax (2025)
- $130
- HOA dues
- $325
- Total
- $2,047
Estimate only, and not an offer of credit. Assumes 20% down ($59,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
