$2,390,000
- Beds
- Unknown
- sq ft
- 9,039
1127 6th Ave SE, Albany, OR 97321
1127 6th Ave SE
Albany, OR 97321
- 214 days on market
- Price drop $200,000↓
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.
Details
Property type
Property condition
Updated/Remodeled
Lot size
Unknown
Price per sq ft
$265
Year built
1992
Annual property taxes
$11,615.55
Price History
06/04/2024
PortlandOR #23369186
Price change
$2,390,000
-7.72%
06/01/2024
PortlandOR #23369186
Removed
$2,590,000
02/29/2024
PortlandOR #23369186
Price change
$2,590,000
-8.32%
Schools & Community
Neighborhood:
Willamette
Elementary school:
Waverly
Middle school:
Memorial
High school:
West Albany
Status: Active
Tomo last checked: 07/07/2024 at 4:00 PM
Listing updated: 06/04/2024 at 4:53 PM
Listed by: Tim Rist, DORE Phone #: (541) 223-4623
MLS: PortlandOR #23369186
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