Active
1127 6TH AVE SE
Albany OR, 97321
$2,100,000
$232.33 per sqft
Active
5 Beds
11 Baths
9,039 sqft
Multi-family
Built in 1992
Courtesy of DORE
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.
23369186
MLSⓇ ID
December 6, 2023
Listed
November 22, 2024
Updated
Map
1127 6TH AVE SE
Albany OR, 97321
Interior Features
Total Stories
1
Bedrooms
5
Total Bathrooms
11
Full Bathrooms
11
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Features
Level
Sewer
Public Sewer
School Information
High School
West Albany
Elementary School
Waverly
Other Property Details
Area Name
_221
Taxes
$11,616
Tax Frequency
Annually
Days on Market
288
Garage
No
Parking
Open, Paved
View
Yes
View Description
Territorial
County
Linn
Water Source
Public Water
Pool
No
Zoning
MS
Listing Courtesy of DORE, Tim Rist. 541-250-1065
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