1127-1195 6th Avenue SE, Albany, OR 97321

$2,100,000
List Price
$2,100,000
Status
ACTIVE
Days on Market
227
Price Change
▼ $490,000 1721449748
MLS#
220174616
Subtype
Residential Income
Style
Other
Year Built
1992
Lot Size
60,984
Acres
1.40
Subdivision
Hackleman Heir's First Addition
Neighborhood
Hackleman Heir's First Addition

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.

Additional Information

Taxes
$11,616
Property Description
Other
Zoning
Albany-MS
Flooring
Laminate, Vinyl
Appliances
Disposal, Range, Range Hood, Refrigerator, Water Heater
Heating
Natural Gas, Wall Furnace
Air Conditioning
None
Stories
One
Levels
One
Roof
Composition
Foundation
Slab
Parking Features
Asphalt, Parking Lot
Elementary School
Waverly Elem
Middle School
Memorial Middle
High School
West Albany High
View
Territorial

Courtesy of DORE .

Mortgage Calculator

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Calculator source: Real Geeks

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