OR > Albany > Hackleman Heir'S First Addition
Albany, OR 97321,1127-1195 6th AVE SE
Albany, OR 97321,1127-1195 6th AVE SE
Albany, OR 97321,1127-1195 6th AVE SE
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$2,100,000
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10,389 SqFt
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1127-1195 6th AVE SE Albany, OR 97321

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Cody Tuma

Cody Tuma

+1(541) 953-7784

UPDATED:

10/12/2024 02:12 PM

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

Acres 1.4

Lot Dimensions 1.4

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

Direction From Pacific Blvd SE, North on Sherman St SE, West on 6th St

Rooms

Basement None

Interior

Window Features Double Pane Windows,Vinyl Frames

Heating/Cooling Natural Gas, Wall Furnace

Exterior

Garage Asphalt, Parking Lot

Roof Type Composition

Parking Type Asphalt, Parking Lot

Parking Asphalt, Parking Lot

Building

Lot Description Landscaped, Level

Entry Level One

Foundation Slab

Water Public

Architectural Style Other

Structure Type Concrete

New Construction No

Construction Concrete

Schools

High Schools West Albany High

Others

Senior Community No

Tax ID 0776425

Security Features Carbon Monoxide Detector(s),Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Data Share
Listed by DORE

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Cody Tuma

Broker | License ID: 201218086

+1(541) 953-7784

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