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Listing provided courtesy of DORE: 541-250-1065.

1127 6th (-1195) SE

Albany, OR 97321
  • $2,590,000
  • STATUS: Active
  • ON SITE: 173 Days
  • MLS #: 811702
$2,590,000
  • 0
    BEDS
  • 1.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,389
    SQFT
  • $249
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1992
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of DORE: 541-250-1065. Listing information © 2024 Willamette Valley Multiple Listing Service



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.

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Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-05-26T22:08:36.94.
www.willamettevalleyhouses.com/homes/145802168
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1127 6th (-1195) SE Albany, OR 97321

  • Price: $2,590,000
  • Status: Active
  • On Site: 173 Days
  • MLS #: 811702
0
Beds
0
Baths
0
½ Baths
1.4
Acres
10,389
SQFT
$249
$/SQFT
1992
Built
Neighborhood:
80 LINN COUNTY
County:
Linn
Area:
80 LINN COUNTY
Elementary School:
Waverly
Middle School:
Memorial
High School:
West Albany
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.
Exterior Features

Approx Lot Dimensions 603984 Exterior Color Gray Foundation Slab Landscape Yes Roof Composition View Territorial

Interior Features

Disposal Yes Fire System HardwiredPull StationSprinkled Flooring LaminateVinyl Heating GasWall Furnace Laundry Laundry CenterW/D Hookup Range Facility GasRange Included Refrigerator Refrigerator Included Unit Types FlatLoft Unit1 Baths 2 Unit1 Bedrooms 2 Unit2 Baths 1 Unit2 Bedrooms 0 Unit3 Baths 1 Unit3 Bedrooms 0 Unit4 Baths 1 Unit4 Bedrooms 0 Unit5 Baths 1 Unit5 Bedrooms 0 Water Heater Gas

Property Features

Assessments Or Liens No Dual Living Possible Flood Plain No High Speed Comm Access Available Homeowners Association No Association Multifamily Type Multi- (5+) New Construction No Property Use Type Investment Sewer City Tax Amount 11616 Tax Years 2023 Terms Seller Will Consider CashConventional Water City

© 2024 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-05-26T22:08:36.94.
 
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Young Property Group | Keller Williams Realty Mid Willamette
2125 Pacific Blvd SW
Albany OR, 97322
Listing provided courtesy of DORE: 541-250-1065. Listing information © 2024 Willamette Valley Multiple Listing Service