MLS # 811702 |1127 6th ( 1195) Av is a $2,100,000, 10,389 square foot home on a 1.40 acre lot located in Albany, OR.
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.
| Basement | Slab |
| Appliances | Gas Range Included |
| Interior Features | Laminate Vinyl Available Hardwired Pull Station Sprinkled |
| Heating Types | Gas Wall Furnace |
| Exterior Features | Landscaped No Association Laundry Center W/D Hookup |
| Views | Territorial |
| Roof | Composition |
| Land Type | Not Flood Plain |
| Water Source | City |
| Sewer | City |
| Property Type | Income |
| Property Sub Type | Multi- (5+) |
| Style | Investment Flat Loft |
| Year Built | 1992 |
| HOA Fee | $0.00 |
| Taxes | $11,616.00 |
| County | linn |
| Elementary School | waverly |
| Middle School | memorial |
| High School | west albany |
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07/26/2024 at 07:19pm MDT. © 2024 Willamette Valley Multiple Listing Service. All rights reserved.
