$2,100,000
- Beds
- 5
- sq ft
- 9,039
1127 6th Ave SE, Albany, OR 97321
1127 6th Ave SE
Albany, OR 97321
- 384 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 #23369186
Removed
$2,100,000
08/06/2024
PortlandOR #23369186
Listed
$2,100,000
07/19/2024
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: 12/23/2024 at 7:05 PM
Listing updated: 10/02/2024 at 2:55 PM
Listed by: Tim Rist, DORE Phone #: (541) 223-4623
MLS: PortlandOR #23369186
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