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For Sale

1127-1195 6th SE Av

1127 6th (-1195) Av, Albany, OR 97321

$2,590,000

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.

10,389 Sq.Ft. LIVING AREA

1.4 Acres lot

Features & Amenities

Interior

Laundry room Laundry Center, W/D Hookup
Flooring Laminate, Vinyl
APPLIANCES Yes, Gas, Gas, Range Included, Refrigerator Included

Area & Lot

Status For Sale
Living Area10,389 Sq.Ft.
Lot Area1.4 Acres
MLS® ID811702
TypeMulti-Family
YEAR BUILT1992
NeighborhoodAlbany
View DescriptionTerritorial
Elementary SchoolWaverly
Middle SchoolMemorial
High SchoolWest Albany

Exterior

water SourceCity
roofComposition
lot featuresYes
HEAT TYPEGas, Wall Furnace
sewerCity
SubstructureSlab
security FeaturesHardwired, Pull Station, Sprinkled

Financial

Sales Price$2,590,000
Real Estate Tax $11,616/yr

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1127-1195 6th SE Av

$2,590,000

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Financial

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Albany

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1127-1195 6th SE Av

$2,590,000

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Albany

Work With Us

Follow Us on Instagram

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Oregon Real Estate

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