Multi-Family for Sale: 1127 SE 6TH AVE, Albany, OR 97321

9,039 sqft
$2,100,000
$2,100,000
1127 SE 6TH AVE, Albany, OR 97321
9,039 sqft
$2,100,000
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Floor Plans
Price:
$2,100,000
$290,000 - 08/06/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Square Feet 9,039 sqft
Year Built 1992
Taxes Paid $11,615
City Albany
Area 221 - Linn County
County Linn
School District West Albany
MLS 23369186
Status Active
DOM 276 days
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.

Room Features

Basement Description None

Virtual Tours for 1127 6TH AVE Albany, OR

Lot & Building Features

Heating Wall Furnace
Parking Description Open, Paved
Sewer Public Sewer
Water Public Water
Water Heater Gas

Community and Schools

Elementary School Waverly
Junior High School Memorial
Senior High School West Albany

Unit Features

Unit Type 1 Actual Rent 950
Unit Type 1 Area 448
Unit Type 1 Baths Total 1
Unit Type 1 Features Disposal, Refrigerator, Range
Unit Type 1 Units Total 1
Unit Type 2 Actual Rent 1000
Unit Type 2 Area 712
Unit Type 2 Baths Total 1
Unit Type 2 Features Disposal, Refrigerator, Range
Unit Type 2 Units Total 1
Unit Type 3 Actual Rent 1295
Unit Type 3 Area 527
Unit Type 3 Baths Total 1
Unit Type 3 Features Disposal, Refrigerator, Range
Unit Type 3 Units Total 1
Unit Type 4 Actual Rent 1395
Unit Type 4 Area 485
Unit Type 4 Baths Total 1
Unit Type 4 Features Disposal, Refrigerator, Range
Unit Type 4 Units Total 2
Unit Type 5 Actual Rent 1495
Unit Type 5 Area 468
Unit Type 5 Baths Total 1
Unit Type 5 Features Disposal, Refrigerator, Range
Unit Type 5 Units Total 1
Unit Type 6 Actual Rent 1495
Unit Type 6 Area 525
Unit Type 6 Baths Total 1
Unit Type 6 Units Total 1
Unit Type 7 Actual Rent 1495
Unit Type 7 Area 652
Unit Type 7 Baths Total 1
Unit Type 7 Units Total 1
Unit Type 8 Actual Rent 1895
Unit Type 8 Area 1370
Unit Type 8 Baths Total 2
Unit Type 8 Beds Total 2
Unit Type 8 Units Total 1
Unit Type 9 Actual Rent 1995
Unit Type 9 Area 1206
Unit Type 9 Baths Total 2
Unit Type 9 Beds Total 3
Unit Type 9 Units Total 1
Unit Type 10 Actual Rent 1000
Unit Type 10 Area 675
Unit Type 10 Features Storage
Unit Type 10 Units Total 1

Price History of 1127 6TH AVE, Albany, OR

Date Name Price Difference
08/06/2024 Price Adjustment $2,100,000 12.13%
02/29/2024 Price Adjustment $2,390,000 15.40%
12/06/2023 Listing Price $2,825,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Bob Blades
Bob Blades
REALTOR, Managing Broker
Direct: 541-490-0690
Office
65 NE Estes
White Salmon, WA 98672
509-493-1783
Listed by DORE, Tim Rist
$
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0.55312142857143%
6.75%
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1127 6TH AVE (MLS #23369186) is a multi-family listing located in Albany, OR. This property was listed on 06/04/2024 and has been priced for sale at $2,100,000.

Nearby zip codes are 97322, 97386 and 97389. This property neighbors other cities such as Millersburg, Sweet Home and Tangent.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: DORE

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Pacific Rim Brokers are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.