$2,100,000
BEDS
5
BATHS
11.0
SQFT
9,039
$/SQFT
$232
MLS # 23369186 | Listed by DORE 
MLS # 23369186 | Listed by DORE 1127 6 Th Se Ave is a $2,100,000, 9,039 square foot, 5 bedroom, 11.0 bath home located in Albany, OR.
Seller’s 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.
Features
INTERIOR
| Basement | None |
| Heating Types | Gas Wall Furnace Hot Water Description - Gas |
EXTERIOR
| Parking Types | Open Paved |
| Exterior Features | Paved Fire Sprinkler System Laundry Level Sidewalk Attached Garage(s) |
| Views | Territorial |
| Construction Types | Slab |
| Water Source | Public Water |
| Sewer | Public Sewer |
PROPERTY
| Brokerage Name | DORE |
| Brokerage Contact | 541-223-4623 |
| Property Type | Multi Family |
| Style | Updated/Remodeled None |
| Year Built | 1992 |
| HOA Fee | $0.00 |
| Taxes | $11,615.00 |
| County | linn |
| Elementary School | waverly |
| Middle School | memorial |
| High School | west albany |
| Financial Terms | Cash Conventional |
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 Keller Williams Realty Portland Elite are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon. This content last updated on 07/26/2024 at 07:08pm MDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
