Courtesy of DORE, TIM RIST, Cell: 541-250-1065
Active
1127 6th (-1195) Av
Albany OR, 97321
$2,100,000
$202.14 per sqft
Active
10,389 sqft
Multi-family
Built in 1992
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.
811702
MLSⓇ ID
December 5, 2023
Listed
November 2, 2024
Updated
Map
1127 6th (-1195) Av
Albany OR, 97321
Interior Features
Appliances
Yes, Gas, Gas, Range Included, Refrigerator Included
Laundry Description
Laundry Center, W/D Hookup
Floor Description
Laminate, Vinyl
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Gas, Wall Furnace
Exterior/Building Features
Lot Size
1.4 Acres
Lot Features
Yes
Roof
Composition
Sewer
City
School Information
School District
4
High School
West Albany
Elementary School
Waverly
Other Property Details
Area Name
80 LINN COUNTY
Taxes
$11,616
Tax Frequency
Annually
Garage
No
View
Yes
View Description
Territorial
County
Linn
Municipality
West Albany
Water Source
City
Pool
No
Listing History
Date | Event | Price |
---|---|---|
7/19/2024 | Price change | $2,100,000 -13% |
6/4/2024 | Price change | $2,390,000 -8% |
2/29/2024 | Price change | $2,590,000 -9% |
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.
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