3.4 Acres Wallace Rd NW, Salem

PRICE REDUCED!  3.4 Acres Zoned RM2.  Two tax lots #575143 consisting of 2.54 Acres and #575144 consisting of 0.86 Acres.  RM2 Zone allows for multi family development up to 28 units / acre (subject to City of Salem approval).  Seller has current plans for 42 units on tax lot #575143.  Buyer to complete all due diligence on potential development.