Homes for sale - 1127 6th (-1195) Av SE SE, Albany, OR 97321

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Listed by TIM RIST • DORE • Cell: 541-250-1065

$ 2,100,000

Est. payment | -/mo

10,389 SqFt

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$ 2,100,000

Est. payment | -/mo

Save Virtual Tour

10,389 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi- (5+)

Listing Status Active

Purchase Type For Sale

Square Footage 10,389 sqft

Price per Sqft $202

MLS Listing ID 811702

Year Built 1992

Annual Tax Amount $11,616

Tax Year 2023

Lot Size 1.400 Acres

Acres 1.4

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. Comprehensive showings upon accepted offer.

Location

State OR

County Linn

Area 80 Linn County

Interior

Hot Water Gas

Heating Gas, Wall Furnace

Flooring Laminate, Vinyl

Laundry Laundry Center, W/D Hookup

Exterior

View Territorial

Roof Type Composition

Building

Foundation Slab

Sewer City

Water City

New Construction No

Schools

Elementary Schools Waverly

Middle Schools Memorial

High Schools West Albany

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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

+1(503) 383-1030

careers@lrgoregon.com

3723 Fairview Industrial DR SE, Suite 190, Salem, OR, 97302, United States

1127 6th (-1195) Av SE SE Albany, OR 97321

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1127 6th (-1195) Av SE SE