Homes for sale - 1127 6TH AVE SE, Albany, OR 97321

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Jen Dillard

[email protected] +1(541) 645-4499

Listed by DORE

$ 2,100,000

Est. payment | -/mo

9,039 SqFt

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$ 2,100,000

Est. payment | -/mo

Save Virtual Tour

9,039 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,039 sqft

Price per Sqft $232

MLS Listing ID 23369186

Year Built 1992

Annual Tax Amount $11,615

Tax Year 2023

Property Description

Prime Investment: The Station features 11 trendy move-in ready units, boasting a 5.9% cap rate - $212,000 gross income and $166,565 NOI. Extensive upgrades including electrical, plumbing, HVAC, windows, siding, kitchens, bathrooms, parking lot, bike storage, onsite laundry, and new stormwater and fire suppression systems. Unlock additional income with 3 more unfinished units, for a total of 14 doors, not including rentable storage, and a large 1.4 acre lot with space for more construction in the rear.

Location

State OR

County Linn

Community Laundry

Area _221

Zoning MS

Rooms

Basement None

Interior

Heating Wall Furnace

Exterior

Community Features Laundry

View Territorial

Parking Type Open, Paved

Garage No

Building

Lot Description Level

Story 1

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Waverly

Middle Schools Memorial

High Schools West Albany

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(541) 645-4499

[email protected]

315 Oak St, STE 200, River, OR, 97031, United States

1127 6TH AVE SE Albany, OR 97321

Jen Dillard

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1127 6TH AVE SE