tomo logo

$2,100,000

Beds
5
sq ft
9,039

1127 6th Ave SE, Albany, OR 97321

1127 6th Ave SE

Albany, OR 97321

  • 353 days on market
    • Price drop $290,000↓
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

$233

Year built

1992

Annual property taxes

$11,615.55

Price History

10/02/2024
PortlandOR

PortlandOR #23369186

Removed
$2,100,000
08/06/2024
PortlandOR

PortlandOR #23369186

Listed
$2,100,000
07/19/2024
PortlandOR

PortlandOR #23369186

Price change
$2,100,000
-12.13%

Schools & Community

Neighborhood: 

Willamette

Elementary school: 

Waverly

Middle school: 

Memorial

High school: 

West Albany

Status: Active

Tomo last checked: 11/22/2024 at 8:15 PM

Listing updated: 10/02/2024 at 2:55 PM

Listed by: Tim Rist, DORE Phone #: (541) 223-4623

MLS: PortlandOR #23369186

PortlandOR logo

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