$2,100,000
Active
47 Days Online
0 Beds0 Baths10,389 SQFT
Active

1127-1195 6th Avenue SE Albany, OR 97321

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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.

  • Property TypeMulti-Family
  • NeighborhoodHackleman Heir'S First Addition
  • CountyLinn
  • Taxes$11,616
  • HOA/Condo/Coop Fees$0
  • Days on Site46 Days
  • MLS StatusActive
  • MLS ID Number220174616
  • Home Size Source Appraiser
  • Year Built1992
  • Lot Size1.4 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Other
  • Construction Concrete
  • Parking AsphaltParking Lot
  • Sewer Public Sewer
  • Basement None
  • Number of Stories 1
  • Acreage 1.4
  • Water Public
  • Zoning Albany-MS
  • Security Carbon Monoxide Detector(s)Fire Sprinkler SystemSmoke Detector(s)
  • Cross Street Sherman St
  • Property Sub Type Multi Family
  • Attached Garage No
  • Foundation Slab
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating Natural GasWall Furnace
  • Appliances DisposalRangeRange HoodRefrigeratorWater Heater
  • Flooring LaminateVinyl
  • Window Features Double Pane WindowsVinyl Frames

Exterior Features

  • Roof Composition
  • View Territorial
  • Lot LandscapedLevel

Community Features

  • Security Features Carbon Monoxide Detector(s)Fire Sprinkler SystemSmoke Detector(s)

Schools

School District
Unknown
Elementary School
Waverly Elem
Middle School
Memorial Middle
High School
West Albany High

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Monthly Payment (Est.)

$10,202
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