Accepted Offer with Contingencies. Don't miss out on this incredible investment opportunity! This fourplex is centrally located in the heart of Albany. BRAND NEW ROOF! NEW electrical panels in each unit. Three units are currently occupied by reliable tenants, while the newly renovated unit 1229 is available for a buyer who may wish to occupy the property. There are excellent loan products available for buyers looking to owner-occupy and take advantage of the property's current cash flow. Unit 1227 was renovated in 2023. Book a tour today!
Under contract
Listed by:
JOEL BUMGARNER Cell:541-990-4741,
Redfin
$745,000
1227 Water Ave NE, Albany, OR 97321
8beds
4baths
3,496sqft
Est.:
Quadruplex
Built in 1971
-- sqft lot
$726,800 Zestimate®
$213/sqft
$-- HOA
What's special
Newly renovated unitBrand new roof
- 127 days
- on Zillow |
- 16 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: February 17, 2025 at 11:11am
Listed by:
JOEL BUMGARNER Cell:541-990-4741,
Redfin
Source: WVMLS,MLS#: 824002
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Dining room
- Features: Area (Combination)
Heating
- Natural Gas, Electric, Forced Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Gas Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Laminate
- Has fireplace: No
Interior area
- Total structure area: 3,496
- Total interior livable area: 3,496 sqft
Video & virtual tour
Property
Features
- Patio & porch: Covered Deck, Covered Patio
- Fencing: Partial
Lot
- Size: 0.25 Acres
Details
- Additional structures: RV/Boat Storage
- Parcel number: 00336160
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding, T111
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hacklemans 3rd Addition
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $572,300
- Annual tax amount: $5,258
- Price range: $745K - $745K
- Date on market: 12/20/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,ODVA,Conventional,1031 Exchange
- Inclusions: All appliances in units not owned by tenants.
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