$2,100,000
Active
34 Days Online
0 Beds0 Baths9,039 SQFT
Active

1127 6th Ave 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
  • NeighborhoodN/A
  • CountyLinn
  • Taxes$11,615
  • HOA/Condo/Coop Fees$0
  • Days on Site34 Days
  • MLS StatusActive
  • MLS ID Number23369186
  • Home Size Source N/A
  • Year Built1992
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Lot Description Level
  • Sewer Public Sewer
  • Water Public
  • Parking Features OpenPaved
  • Attached Garage No

Interior Features

  • Heating Wall Furnace
  • Basement None
  • Foundation Slab
  • Stories 1

Exterior Features

  • Parking OpenPaved

Community Features

  • HOA Includes None

Schools

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

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Monthly Payment (Est.)

$10,170
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