About 1127-1195 6th Avenue Se
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.
Features of 1127-1195 6th Avenue Se
MLS® # | 220174616 |
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Price | $2,100,000 |
Bedrooms | 2 |
Bathrooms | 2.00 |
Square Footage | 60,984 |
Square Footage | 10389.00 |
Acres | 1.40 |
Year Built | 1992 |
Type | Residential Income |
Sub-Type | Multi Family |
Style | Other |
Status | Active |
Community Information
Address | 1127-1195 6th Avenue Se |
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Subdivision | Hackleman Heir's First Addition |
City | Albany |
County | Linn |
State | OR |
Zip Code | 97321 |
Amenities
Parking | Asphalt, Parking Lot |
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# of Garages | 1 |
View | Territorial |
Is Waterfront | No |
Interior
Appliances | Disposal, Range, Range Hood, Refrigerator, Water Heater |
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Heating | Natural Gas, Wall Furnace |
Cooling | None |
Fireplace | No |
Stories | One |
Has Basement | No |
Basement | None |
Exterior
Windows | Double Pane Windows, Vinyl Frames |
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Roof | Composition |
Construction | Concrete |
Foundation | Slab |
School Information
Elementary | Waverly Elem |
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Middle | Memorial Middle |
High | West Albany High |
Additional Information
Date Listed | December 6th, 2023 |
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Days on Market | 334 |
Zoning | Albany-MS |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | DORE |
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