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1127 6th Avenue Southeast

Albany OR 97321

10389 sq. ft.
60984 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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

10389 sq. ft. floor area
60984 sq. ft. lot size
Multi-Family

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Local market activity for multi families in Albany

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