Great frontage exposure on Route 50 east of downtown Salem. 3 lots included. The larger area is zoned B3 business and the other part is zoned RS2. Home and former business are no longer in place leaving the area open to your own development vision. Gather your thoughts and make an appointment with the city to discuss the TIF4 incentives. A portion of the land is in a flood plain.
— the listing agent’s description
The home
1.49-acre lot
Land
What it’ll cost
$1,646 taxes / yr
No HOA
Listed $59,900
Now $57,500
369 days on dwello
Estimated monthly payment
$460/mo
Principal & interest$306
Property taxes$137
Homeowners insurance$17
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