Skip To Content

1127 6TH Ave SE

Albany, OR 97321
  • $2,590,000
  • STATUS: Active
  • MLS #: 23369186
$2,590,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,039
    SQFT
  • $287
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1992
County:

School Information

Elementary School:
Middle School:
High School:

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.

Monthly Payment Calculator



Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-05-26T22:52:14.823.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Brantley Christianson Real Estate LLC and should be independently verified.
www.brantleychristianson.com/homes/145817427
Print Image

1127 6TH Ave SE Albany, OR 97321

  • Price: $2,590,000
  • Status: Active
  • On Site: Days
  • MLS #: 23369186
0
Beds
0
Baths
0
½ Baths
N/A
Acres
9,039
SQFT
$287
$/SQFT
1992
Built
Neighborhood:
221-Linn County
County:
Linn
Area:
221-Linn County
Elementary School:
Waverly
Middle School:
Memorial
High School:
West Albany
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.
Exterior Features

Attached Garage YN No Foundation Details Slab Lot Features Level Parking Features Open Paved Road Surface Type Paved View Description Territorial View YN Yes

Interior Features

Basement None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Bank Owned YN No Community Features Laundry Fuel Description Gas Green Certification YN No Gross Income 218400 Hot Water Description Gas IDXAddress Display YN Yes Listing Terms Cash Conventional Net Operating Income 166565 Operating Expense 45283 Property Attached YN No Property Condition Updated Remodeled Rent Includes None Security Features Fire Sprinkler System Sidewalk Sewer Public Sewer Short Sale YN No Storage Attached Garage Tax Annual Amount 11615.55 Tax Year 2023 Water Source Public Water Zoning MS

Listing provided courtesy of DORE: .


Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-05-26T22:52:14.823.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Brantley Christianson Real Estate LLC and should be independently verified.
 
https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_23369186-2.jpg https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_23369186-2.jpg https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_23369186-2.jpg
Logo
Brantley Christianson Real Estate LLC
2005 SE 192nd Ave
Camas WA, 98607