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For Sale

1127 6TH AVE SE

1127 6TH AVE SE, 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.

5
beds

11
baths

9,039 Sq.Ft. LIVING AREA

Tim Rist

Tim Rist

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms11
  • full bathrooms11

Area & Lot

  • Status For Sale
  • Living Area9,039 Sq.Ft.
  • MLS® ID23369186
  • TypeMulti-Family
  • YEAR BUILT1992
  • NeighborhoodAlbany
  • View DescriptionTerritorial
  • Elementary SchoolWaverly
  • Middle SchoolMemorial
  • High SchoolWest Albany

Exterior

  • STORIES1
  • water SourcePublic Water
  • lot featuresLevel
  • parkingOpen, Paved
  • HEAT TYPEWall Furnace
  • sewerPublic Sewer
  • SubstructureSlab
  • security FeaturesFire Sprinkler System, Sidewalk

Financial

  • Sales Price$2,590,000
  • Real Estate Tax $11,616/yr
  • Zoning MS
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Thank you for your interest in 1127 6TH AVE SE, Albany, OR 97321. We are reviewing your request and will be in touch shortly!
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Contact Details

Oregon Real Estate

Phone

(541) 250-1065

Email

[email protected]

Address

490 RIVENDELL LANE CORVALLIS, OR 97330

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