MLS # 811702 |1127 6th ( 1195) Av is a $2,100,000, 10,389 square foot home on a 1.40 acre lot located in Albany, OR.
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.
| Basement | Slab |
| Appliances | Gas Range Included |
| Interior Features | Laminate Vinyl Available Hardwired Pull Station Sprinkled |
| Heating Types | Gas Wall Furnace |
| Exterior Features | Landscaped No Association Laundry Center W/D Hookup |
| Views | Territorial |
| Roof | Composition |
| Land Type | Not Flood Plain |
| Water Source | City |
| Sewer | City |
| Property Type | Income |
| Property Sub Type | Multi- (5+) |
| Style | Investment Flat Loft |
| Year Built | 1992 |
| HOA Fee | $0.00 |
| Taxes | $11,616.00 |
| County | linn |
| Elementary School | waverly |
| Middle School | memorial |
| High School | west albany |
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated
09/07/2024 at 03:28pm MDT. © 2024 Willamette Valley Multiple Listing Service. All rights reserved.
