1127-1195 6th AVE SE Active Save Request In-Person Tour Request Virtual Tour
Albany,OR 97321
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,389 sqft
Price per Sqft $202
Subdivision Hackleman Heir'S First Addition
MLS Listing ID 220174616
Style Other
Year Built 1992
Annual Tax Amount $11,616
Lot Size 1.400 Acres
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.
Location
State OR
County Linn
Community Hackleman Heir'S First Addition
Interior
Heating/Cooling Natural Gas,Wall Furnace
Exterior
Garage Asphalt,Parking Lot
Roof Type Composition
Parking Asphalt,Parking Lot
Building
Lot Description Landscaped,Level
Foundation Slab
Water Public
Structure Type Concrete
New Construction No
Construction Concrete
Schools
High Schools West Albany High
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard